OIH
Update USOIL: API inventory BUILD shows signs of a topAPI data released at 4.30pm EST on Tuesday show a "surprise" build, however, with expected weakness in hard data there should be no surprises. EIA data will either confirm or deny API's release.
Update USOIL: Expect a reversal in Crude Oil around this areaCrude has reached and surpassed our expected target of $61.60 for a reversal. Look for weakness into the close of day today.
Update USOIL: Look for a reversal here...We can see slight higher highs from here, however, I expect to see a reversal somewhere between the current price and $61.60
