With Crude Oil weakening and holding below its broken support at the 96.67 level, further decline is envisaged. In such a case, the 93.40 level will be aimed at with a loss of there turning risk to the 90.00 level, its psycho level and possibly lower towards the 88.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, in order for Crude Oil to halt its present weakness and resume its broader uptrend, it will have to return above the 106.44 level and the 108.65 level. A breach of here will set the stage for a move towards the 110.55 level, its Mar 02’2012 high. Further out, ... (full story)