April Crude (Last Trade: 44.42)

Insomnia has brought the chat room to life tonight, and with it a request for an update on crude. The April contract is still striking for its promise to deliver 22.52 eventually; in the meantime, only an unpaused thrust touching 50.89 is likely to alleviate that. But what about now? The bull cycle begun in late February looks primed for a pop to 47.09 over the next 3-4 days, but if the buying pushes past that Hidden Pivot easily and things get out of hand, better get your mind right for a foray to as high as 53.84, since that would be a distinct possibility by then.