There was a significant breakout today in oil-it clearly broke the downtrend channel to the upside. The previous 2 days it tested the highs, but couldnt quite bust thru. This thing feels strong as hell and i wouldnt be surprised to see it at 80 in 2-3 weeks. Everytime it went down to 68 there was a strong bid. Speculators are coming back into the market bidding strong.