Follow up to Crude oil, What’s his Next Energy Idea?

On 6/18 with Crude oil futures within 1.25% of $100/barrel I made a bold prediction that Crude would not cross $100 this time and instead it would retreat $3-5 in the coming weeks. An interim high was made in August futures the very next day at $99.21 and as of this post futures are nearly 6% off those levels. We are finding mild support at the 50% Fibonacci level at $92.75. In my opinion we may