What is the nature of this oil top?

I see a downside to the high 70's to 80 as very likely. But then again, I have made an illustrious career out of top calling oil. The question is whether this is a major top or a hard correction in process. 80 may only be a stopping area before lower prices but that's err, getting ahead of ourselves. Blogger informs that the image upload glitch is fixed. Yay.
December 4, 2007