![](http://photos1.blogger.com/blogger/3426/1040/400/102605%20crude%20oil.jpg)
Here is an updated hourly chart showing pit and electronic trading in December crude oil.
I had been expecting the market to reach 63.30 on the rally but it only made it to 62.95 this morning before reversing decisively. I think it is now headed for 57.90.
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