Crude has stalled at an important midpoint resistance at 102.15, but if it should pop through it energetically, look for the rally to continue to at least 109.31, its ‘D’ sibling. We should trade with a bullish bias for now, since one of these little ‘camo’ rallies is going to be the one that launches the January contract toward a scary new threshold. Use the 5-minute chart to find a suitable pattern for boarding, but please note that at that level, the first ‘external’ peak the rally would encounter lies at 102.12 (12/5).
