I expect that oil's downtrend will continue; however I also expect for the whipsaw to continue on the way down. The top of the february 2015 cluster at 54.15 has not yet been tested and I expect that it will in the coming months. The would be a nice .786 fib consolidation of of the past years overall range. Prices have thus far done a nice job of battling back over the top of the 2000 MA and I expect will now spend some time in this green pivot zone between 41.84 and 43.24 before making a larger move. if prices do in fact reach the 54 level, am hoping we'll see a classic HS pattern form prior to a drop to the lows. Good trading to all!