PBF Energy: Major Point C Target Delivery into Bearish MSSPBF Energy, Inc. Class ABATS:PBFSmellyTazPBF has officially completed its macro bullish expansion, delivering price directly into the primary higher-timeframe Point C target zone between $70.50 and $81.00. This follows the successful completion of the earlier intermediate green sequence from July, which served as the foundational springboard for this larger structural extension into premium pricing. Following delivery into the target box, price swept external buy-side liquidity above $74.50, generating a sharp rejection off the highs. This aggressive turnaround confirmed a 4-hour Market Structure Shift (MSS) below the $70.50 internal swing low, signaling an immediate transition in market order flow from bullish expansion to institutional distribution. With order flow shifting bearish, the immediate draw on liquidity points toward a deep retracement into the sequence's Whole Correction Level (WCL) spanning $50.00 to $56.50. This target area provides high-probability confluence, aligning directly with the 1-Week Fair Value Gap (internal liquidity) and the previous sequence breakout structure.