CRUDE OIL: With Crude Oil closing higher on Monday, further bullishness is expected. This development now leaves the commodity targeting the 101.37 level, its Feb 12 2014 high. It will have break above here to convince the market of further upside pressure. Further out, resistance resides at the 101.50 level where a violation will aim at the 102.00 level, its psycho level and then the 102.50 level. Further out, resistance resides at the 103.14 level, its Oct 16 2013 high. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support comes in at the 100.00 level, its key psycho level and ... (full story)