Crude Oil closed higher on Wednesday as it rebounded off Monday's low. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are turning neutral to bullish signalling that sideways to higher prices are possible near-term. If it renews the rally off February's low, January's high crossing is the next upside target. Closes below Monday's low crossing would confirm that a short-term top has been posted.