The West Texas Intermediate Crude Oil market had a very bullish candlestick form for the Monday session as it gained 3.8%. This is a huge move to the upside, but what is even more interesting to me is the fact that the weekly candlestick from last week was a shooting star, and we are getting very close to the top of it. Beyond that, we also need to take a close look at the fact that the candlestick closed that the top of the range, which suggests that we could get a bit of follow-through. Ultimately, we could get a breakout in a continued push to the upside in the crude oil market based upon the “reflation trade” ... (full story)