Crude Oil closed higher on Friday as it extends last week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned bullish signalling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it resumes last week's decline, the reaction low crossing is the next downside target.