September crude oil closed up $3.75 at $67.10 a barrel yesterday. Prices closed near the session high yesterday and regained all of Wednesday's big losses. A weak U.S. dollar and a stronger U.S. stock market boosted crude yesterday. Bulls have regained the slight near-term technical advantage. The next downside price objective for the crude oil bears is to produce a close below solid technical support at this week's low of $62.70. The next upside price objective for the bulls is producing a close above solid technical resistance at this week's high of $68.99 a barrel. First resistance is seen at $67.50 and then at $68.00. First support is seen at $66.00 and then at $65.00.

Wyckoff's Market Rating: 6.0.

Source: VantagePoint Intermarket Analysis Software

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September heating oil closed up 963 points at $1.7921 yesterday. Prices closed near the session high and regained all of Wednesday's big losses. Bulls regained the slight near-term technical advantage yesterday. The bulls' next upside price objective is closing prices above solid technical resistance at this week's high of $1.8340. Bears' next downside price objective is producing a close below solid technical support at this week's low of $1.6830. First resistance lies at $1.8000 and then at $1.8340. First support is seen at $1.7500 and then at $1.7250.

Wyckoff's Market Rating: 6.0.

September (RBOB) unleaded gasoline closed up 1,349 points at $1.9564 yesterday. Prices closed near the session high and hit a fresh five-week high yesterday. Bulls gained fresh upside technical momentum yesterday. The next upside price objective for the bulls is closing prices above major psychological resistance at $2.0000. Bears' next downside price objective is closing prices below solid support at this week's low of $1.7955. First resistance is seen at yesterday's high of $1.9580 and then at $2.0000. First support is seen at $1.9000 and then at $1.8500.

Wyckoff's Market Rating: 6.5.

September natural gas closed up 19.0 cents at $3.738 yesterday. Prices closed nearer the session high yesterday on short covering in a bear market. The bears are still in technical control. The next upside price objective for the bulls is closing prices above solid technical resistance at last week's high of $4.045. The next downside price objective for the bears is closing prices below solid technical support at the contract low of $3.366. First resistance is seen at yesterday's high of $3.769 and then at this week's high of $3.844. First support is seen at $3.60 and then at $3.50.

Wyckoff's Market Rating: 2.0.