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CRUDE OIL closed lower 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 hinting that a shortterm top might be in or is near. Closes below the 20day moving average crossing would temper the nearterm friendly outlook. If it renews the rally off June's low, the 38% retracement level of this year's decline crossing is the next upside target.