By FXEmpire.com
Crude markets went back and forth during the Thursday session as the $90 level was bounced off of. The $90 handle so far has held as resistance, but there are two hammers preceding the session on Thursday that suggests to us that perhaps the bulls may have a bit of momentum on their side still.
We are buying on a break of the Thursday highs, and selling on a break below the $84 level. In the meantime, we suspect there will be a lot of choppiness in this general area, as it is an area that seems quite a bit of clustering over the last several sessions.
Click here a current Crude Oil Chart.
Originally posted here
