CRUDE OIL closed higher on Thursday and the highrange close sets the stage for a steady to higher opening when Friday's night session begins. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews this spring's decline, last October's low crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
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