It’s just another Monday with equities up, a weakening Dollar, and rates

edging back up. As long as we hold Friday’s low in the equities on a closing

basis, look to buy the breaks and sell the rallies.

My longer term levels in the oil are 111.40 then just over 116. I would think that the oil will at least

show you Friday’s close sometime this week.

This is an event driven scalp. Trade accordingly.