CL - 4 hour CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! HK_L61 Crude Oil is at a pivotal juncture now with NG up 13% yesterday. Energy either breaks up and over the highs or we see a sharp decline once overbought, we're not there yet as these are very important levels. It reinforces the Fed's need to act. _______________________________________________ OVX is indicating some type of pullback shortly. Volumes on Weekly TF have been extremely heavy.