In yesterday's Alert, we wrote the following: Crude oil moved higher last week, especially on Thursday and Friday. This rally was in tune with the clear buy signals from the CCI and Stochastic indicators. While crude oil pulled back in today's pre-market upswing, it's unlikely that the rally is completely over at this time. Why? Because of two factors: one that we covered previously, and one that we didn't cover so far. The thing that we already discussed is the upside target based on the 38.2% Fibonacci retracement. It was not reached yet. Consequently, the price most likely has further to run. The thing that we ... (full story)