Oct Crude has rallied to a Fib 61.8% retracement level of its March through June selloff. This is also the Feb low and is also resistance. Also negative is the momentum showing a negative divergence on this latest high on the CCI 20. The pattern since early July shows a bullish breakout over 93 that consolidated above in a tight range and tested this breakout pt successfully and rallied higher after the test. Nice uptrendline as well but price has now reached a point where a more severe pullback could occur with present technicals. Watch the uptrendline to hold or break for direction. Clearing & holding above 98 would suggest a rally to 103.