The West Texas Intermediate Crude Oil market showed itself to be a bit flat during the session on Tuesday, despite the fact that we had recently broken above a significant trend line. Now that we are sitting here at the end of the day on Tuesday, it suggests that although we have broken out, it is likely that we will struggle a bit. Underneath, we have the 50-day EMA and the uptrend line coming into the picture, as well as the $70 level. With all of that, it is likely that we will continue to see noisy behavior. I do believe that eventually the buyers will probably try to pick this market up, but to think that we are ... (full story)