Crude oil bulls are keeping the bull trend going as they keep the market above 71.00.
Crude oil is trading above its 50, 100 and 200-period simple moving average suggesting a bullish bias.
Bulls objective is to break above $73.00 a barrel in order to target 74.00 and 75.24 (July high). A break below 71.45 September 26 low would likely invalidate the bullish bias.