Notice how crude’s strong rally yesterday occurred without any pullbacks on the intraday chart.  Night action has produced a shallow correction so far to 102.75, but it would take at least 101.78 for the futures to be considered fully recharged for another thrust. That doesn’t mean the next leap cannot occur without a proper pullback; to the contrary, the lack of one would imply that buyers are too revved up to defer to some technical ideal.  If the futures do go ballistic today, here are three pivots to use for targets over the near term:  107.55, 109.67, and 115.82. As always, an easy move past one will imply the next is likely to be reached. (Note:  They can all be easily found on the 480-minute chart.)  _______ UPDATE (4:28 p.m. EDT):  DaBoyz have contrived to manipulate quotes lower today on sketchy reports of a Libyan “truce.”  My original comments still apply, however,  and anyone betting the softness in crude prices will persist deserves what’s coming to him. From a technical standpoint, we should try to buy down near 99.71, a Hidden Pivot support easily found on the 30-minute chart.  At the same time, watch the lesser charts foir signs of a bullish reversal from somewhere above that number.  (Please note that I’ve switched to the May contract.) _______ FURTHER UPDATE: The futures gapped higher Sunday night without having gone any lower than 101.01 on Friday, so we did nothing officially.