April Crude is bumping up against the $105 resistance line. This is the May rally high after the bull run up and plunge in early May along with the stock market selloff then. Important test of resistance now. Already price has backed off from this price resistance area and is now trapped in a tight channel between $103 and $105 zone. Seasonal trends are very bullish from this time point forward into spring but price has been strong over the last few months already despite this being a historically weak time frame. Clearing and holding above $105 would be very bullish a suggest at least a double top to that old mid April/11 uptrend high of $114.