Oct Crude broke over its channel top resistance of $98 Friday but pulled back below the breakout point today. The pattern is still bullish regardless as price is still holding above not only its uptrendline but also continuing to respect its 20ema that price tends to bounce off of. Only a break below $95 would suggest a retest of $93 support and also suggest a possible failure to hold there next time. A breakout that fails to hold after a nose poke above coupled with a break below its uptrendline or 20ema and short term support is bearish and suggests a reversal in price. Seasonal trends in all time frames historically show a top in Crude from mid August to mid Sept with a steady selloff into the new year. Bottom line: Watch the uptrendline and 20ema for a guide to direction. So far these levels are holding as support.