Crude update..

The head and shoulders in crude is looking a bit distorted but in the Bear's defense it did deflect off of the lower channel line from below while at the same time setting up a Bearish RSI divergence and so I'm still going to hold onto my OIH oct. 105 puts for the time being. On the Gold front the pattern is better defined, I've highlighted the action in the recent past where RSI kissed the over bought 80ish zone, as can be seen usually the selling doesn't end until RSI drops under 30 with a rough minimum of 40 dollars price correction.