CL 04 12 (1 Min) 02.01.12

2/1/2012 Weekly Crude Oil Inventory Report (0530 HI time / 1030 EDT)
Forecast: 3.2M
Actual: 4.2M
SPIKE / RETRACE
Started @ 99.27
1st Peak @ 98.58 – 0532 (2 min)
69 ticks

Reversal to 98.99 – 0539 (9 min)
41 ticks

Notes: Report spike was free and clear of all indicators, so the peak was seen on the 2nd candle. Reversal closed the gap up to hit the 13 SMA.