David,
Good to hear from you!
I have been closely following CL for some time now and this spike up in price is ridiculous! I can't put it any other way.
The fundamentals have not changed THAT much to jusify this price. I am expecting another drop down into the mid - 20's. I don't like to predict price - I just follow the money - and at this point, the chart is pointing to higher highs.
But, commodity prices always tend to overshoot in both directions.