Crude oil is at the moment, sort of neutral and is between 62.60, where it is trading now at 63.15 and its potential move up to around 64.
We are expecting a bit of down move towards 62.5/7 but it is not much for us, I guess scalpers will be welcome =]
I believe we should see a move up at some point though... To be confirmed.. Not so much on the table anyway today...
Lately crude oil came under the resistance level at 66.2
Previous support is at 55 and the last move up was long enough that I don't believe crude will go back down 55 quite soon.
Maybe will it temporize and break out to the upside soon ! We ll have to see within the next couple of weeks though.