Crude Oil evolves in a range market since November 17 and from my point of view anything can happen in the next days.
My second target, from december 6th (crude oil was trading at $101.00), on the short side was achieved yesterday (http://markettechnicalview.blogspot.com/2011/12/crude-oil-wti-technical-analysis.html ) and currently Crude Oil is trading within an indecision zone (between $94.00 and $95.50) due to previous highs and lows that defines the market.
CONCLUSION: as long as Crude Oil is not clearly establishing the 94.00 - 95.50 zone as a support or resistance, there is nothing to do in this market.
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