Crude Oil closed lower due to profit taking on Thursday as it consolidates some of this week's rally. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term. If it extends this week's rally, the reaction high crossing is the next upside target. Closes below last Friday's low crossing would confirm that a short-term top has been posted.