CL Daily Market Thought 14092012

Bulls have the ball for now. Trend of lows/suport tested few times last sessions, 94 major suport hold. Today another run next major resistance  sitting between [101.07,101.90] if break above expect test 104.  If move in a straight line next sessions to near 104(+20,-20) I  defend  will be a good area to open shorts with target  half 101(+20-20) and the rest 98(+20-20) use Ratio 3 at least.
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CL Daily Market Thought 14092012