Sept Crude remains above the breakout pt of $88 and holding above the 20ema but still in a very tight range below the downtrendline. Price needs to breakout or breakdown to determine the next significant move. The breakout pattern over $88 was very bullish running up to the Dec low resistance of 93.45 and classically came back to the breakout pt at 88 but still has to prove it can "push off" this new support point and continue to rally. Failure to do this increases the odds of a failure to 'follow through'. Most technical indicators are still above their center lines with the much slower Modified MACD still positively crossed and rising since the end of June. Tick Tock....time is running out.