The WTI Crude Oil market initially tried to rally during the trading session on Thursday, but then fell rather hard to slice through the 50 day EMA and the 20 day EMA. That being the case, we are testing pretty significant support, and I think we could very well have a lot of volatility in this area, and perhaps go looking as low as $50 for a returned. However, I’m the first to admit that this is a bit concerning for the bulls, so unless we break above the 50 day EMA by the end of the session, it looks as if we will probably at the very least start to drift a little bit lower. {video} Brent markets also pulled back ... (full story)