The West Texas Intermediate Crude Oil market initially pulled back during the trading session on Monday but turned around to show signs of strength yet again. At this point, it looks like the $65 level will continue to be very difficult to overcome, and I do believe that it is going to take something rather special to break above there. Nonetheless, the longer-term outlook for this market certainly does suggest that we are going to do that, perhaps testing the $67.50 level initially. In the meantime, short-term pullbacks continue to be favored overall, as it gives you a little bit of an opportunity for value, and ... (full story)