April Crude - CLJ2

April Crude has reached its daily AB = CD upside target at 106.65 forming a spinning top at yesterdays close. Whilst it is still a little too early to call a top this market should be watched closely here for either a drop confirming yesterdays candle or a further push into the 141.4 fib extension at 107.15 ( after the 70.7 retrace of the AB leg)  where exhaustion should set in to produce a retracement.