Crude Oil closed lower on Friday as it extended this week's decline. A short covering rally tempered early losses and the high-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. If it extends this week's decline, August's low crossing is the next downside target. Closes above the 20-day moving average crossing would temper the near-term bearish outlook.