It turned out that the oil bulls haven't had much success yesterday either. And today isn't shaping up to be a much better day for them either. Yet, they have taken black gold higher from its daily lows already - does this mark some kind of a turning point? Let's take a closer look at the charts below {image} While crude oil moved to the upside right after yesterday's open, the bulls didn't manage to break above the red resistance line for the third time in a row. The subsequent pullback took the commodity below the pink resistance line, and it closed the day below this resistance. It also marks yet another daily ... (full story)