We have been watching oil closely over the past few weeks as the breakout and breakdown pattern has been providing for a good deal of profit opportunities. Now it appears that it is close to a topping point and the bearish engulfing pattern has been a good predictor over the last several cycles. From Briefing Trader: United [...] Related posts: Oil Spikes Lower on Chile Earthquake Amgen (AMGN) – CEO Comments and Lowering Guidance WYNN Resorts (WYNN) – Bet the Don’t Pass Line (SHORT)