OIL STARTING TO LOOK BEARISH AGAIN WITH CLOSE BELOW SUPPORT!Crude Oil Futures (May 2026)NYMEX:CLK2026The25YearTraderBullish- as mentioned yesterday in my Monday Morning Market open Video unless the straight closes again I think the bulls out of the picture for now. But if you are bullish wait for close back above 50% retracement level. Then conisider buying a pullback at support. Bearish- Yes I am because she just closed on the daily chart below the 50% Fibonacci Retracement level 84.00. Also with the fundamental supposedly peace talks that should also continue to way heavy on prices. Unless major demand hits the market unexpectedly then I think there might be a top trying to carve out by summer or before. I would look to sell the rally if we see struggle at reistance or hesistation. Commitment of Traders- they are still long about 209,000 contracts it is now overcroweded longs yet. But the last time they were this long was June 2025 and market topped. Good Luck & Always use Risk Management! (Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.) Hope This Helps Your Trading 😃 Clifford RISK DISCLOSURE TRADING IN THE FUTURES AND FOREX MARKET INVOLVES SIGNIFICANT RISK. ALWAYS CONSULT A FINANCIAL ADVISOR AS HIGH RISK ASSET CLASSES MAY NOT BE SUITABLE FOR ALL INVESTORS. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY ASSETS. ALL IDEAS ARE MADE FOR EDUCATIONAL PURPOSES. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.