April Crude broke out above $105 resistance and quickly ran up to $110 and pulled back to test the breakout pt. So far so good on the test despite a sharp selloff recently and especially yesterday in most commodities Crude is holding up exceptionally well. This price level is also the important 20ema which price has closed above every day since early Feb meaning the short term trend remains in an uptrend. Internal technicals also remain bullish. There is very little resistance from $105 to $114 but the recent high of $110 is the 1st and next resistance level needed to be cleared. Meanwhile as long as price remains above the 20ema and especially $103 support this present uptrend remains intact. The uptrendline is at about $101 that must hold on any pullback if the major uptrend is to continue. Seasonal trends for Crude are bullish well into spring with the overall trend up right into Aug/Sept before a downtrend begins historically.