Crude Light

Crude chart looks like the silver trade, moving side ways trapped between 83.49 and 78.86.

long term is the same, with a target of 90. and in this long trade is up till it breaks 53.20 on the downside.
Daily-
short cycle pressures are up tomorrow and we see the price moving up to a new long entry of 82.34. the next target would be 85.59 but the resistance at 83.49 would have to be overcome first. we have traded thru, but not closed below, the short entry price of 79.79 three times. i would view that as support for now. Trade pressures are turning up so the long trade seems valid.

the cycle pressures turn down 4-26.