Crude zoomed through the ascending median line and closed above the prior swing high of 85.43, posted on January 11, 2010. Having used its energy, Crude pulled back to an area of support provided by two action-reaction lines and the 20- day sma. This price action has formed a bullish reaction swing, above the median line, and set up a potential upward price move towards the reaction line target objective currently at 90.00. I’ll have updated information and a possible recommendation in the TMV Swing Trade report.
