{video} The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Wednesday, as we continue to see a lot of noisy behavior. Ultimately, the 50-Day EMA above offers a significant amount of resistance, and therefore if we were to break above there, I think a lot of people will pay close attention to it reaching toward the $75 level. If we were to break above the $75 level, then it opens up an opportunity to send this market much higher. On the move higher, I anticipate that the 200-Day EMA might be a target, and therefore I would pay very close attention to it on a breakout to ... (full story)