I have to wonder what shape thing will be in if oil reaches 80 while the economy continues to fail, if it does keep falling. Hope I got this image right, looks like channel break down: http://media.dailyfx.com/illustrations/2010/08/19/Crude_Oil_Falls_on_Abundant_Supplies_Gold_ETF_Holdings_Follow_Price_Higher_body_081910_OIL.png More here: http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2010/08/19/Crude_Oil_Falls_on_Abundant_Supplies_Gold_ETF_Holdings_Follow_Price_Higher.html