US oil may fall into $100.66-$101.59 range
U.S. oil NYMEX:CL1! may fall into a range of $100.66-$101.59 per barrel to fill a common gap.The sudden price jump on Monday seems to be driven by a wave b, the second wave of a three-wave correction from $104.46.This wave is expected to end below $104.46, to be totally or partially reversed by the…