International Markets are Weakening

This Asymmetrical Triangle Tracked out perfectly and broke down.

Lower Highs and Lower lows....Th real test will be to crack the horizontal support line below this level.

Some ask me if I think the Candle Wicks are significant to drawing pattern trend lines and I think the wicks tell us a lot about the sentiment of the day but it is the close that really counts.

The softening of the International Markets only supports the last 3 oil field charts I posted..

I expect a retest of the rising trend line first .

Another possibility is, this is the "c" wave of a long Descending Triangle with an apex at mid Febuary 2010