Crude Oil closed higher on Thursday as it extends this week's decline below the 20-day moving average crossing. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain bearish signalling that a short-term top is in or is near. Closes below last Monday's low crossing at 79.41 are needed to confirm that a short-term top has been posted. If it renews the rally off February's low, January's high crossing is the next upside target.