The West Texas Intermediate crude oil market rallied a bit during the trading session on Friday after the non-farm payroll numbers came out. It is worth noting that the jobs number was horrible: 145,000 for the month of December, which was a bit of a shock. At the same time, people are betting on the idea of stimulus, so we have seen a lot of moves in the marketplace. The candlestick is closing at the top of the range, which is a very bullish sign. The $52 level above offers slight resistance, mainly due to the large, round, psychologically significant figure, but it is a minor one. In other words, I think we could ... (full story)