MCL1! Volume Polarity is flashing the same warning that precededMicro WTI Crude Oil FuturesNYMEX_DL:MCL1!yuzernameHistory doesn’t always repeat, but it often rhymes. On March 20th, Volume Polarity showed clear signs of exhaustion: Bullish volume reached extreme levels (red dots) Raw volume differential crossed under the smoothed differential Bearish divergences began printing (orange dots) This was followed by a sharp $14.23 drop. We are now seeing an almost identical setup after several days of sideways chop: Bullish volume is once again pushing into extreme territory Raw differential has crossed under the smoothed differential Bearish divergence signals are reappearing Will crude oil repeat the move lower? The next few sessions after the CME open will be telling.