Right after being smacked down over 4 bucks in two days, after failing to brake out to $50, and shorts lined up to ride this back down to 38-42 range, boom, new long-term money came rushing into this CL. I know it is down right now, but you can expect overnight this thing to turn green, gap up, and make a run for 50 tomorrow-maybe even 51--a bunch of shorts in the 48ish range, with profits right now, who will be squeezed out tomorrow. Next week Oil could make a run at $55 with just a moderate cut by OPEC, looks like hedge fund money wants to get in and ride this thing to July 4th. Dollar tried to break out, but failed--that should provide some stimulus to this trade as well---not sure how much a retracement to expect in the dollar`s recent move--maybe .38 retracement. But the commodities trade is starting to form again!