Brent Crude

Brent Crude has a Long Term Triangle pattern that morphed into a Flat/irregular triangle. The resistance area is the Green dotted line which is at the top of the 'M' pattern when it morphed. The 'Special K' long term cycle oscillator has been in a downward projection since the high's of March 2012.
     The short term has Tall bullish candles and CMF is self explanatory.
This doesn't Look good for gas prices this coming summer.