So it happened - oil reversed lower and we were right there. While yesterday's downswing has been partially retraced, and oil is trading close to unchanged today, there're still plenty of valuable clues as to the upcoming price action. Let's dive in to see how they reflect on our yesterday's profitable decision. We'll take a closer look at the charts below. Tuesday's invalidation of the tiny breakout above the declining red resistance line hinted at buyers' weakness, preceding Wednesday's slide. That day, crude oil opened with the red gap - while the bulls partially closed it, they hadn't been fully successful. The ... (full story)