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Crude Oil closed higher on Tuesday as it extends the rally off May's low. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. If it extends the rally off May's low, the reaction high crossingis the next upside target. Closes below the 20-day moving average crossing would temper the near-term friendly outlook.