The price of oil continues its bullish trend from yesterday after finding support at the $92.00 level. We saw a bullish impulse that took us up to the $94.00 level, and we stayed in that zone until the end of the day. During the Asian trading session, the price of oil moved slightly lower to $93.35. Once again, a bullish impulse followed, which raised the price to the $95.40 level. We are now at the $94.00 level and looking for support to try to continue towards the $96.00 resistance level. Potential higher targets are $97.00 and $98.00 levels. For a bearish option, we need a negative consolidation and a break below ... (full story)