CL - 15 Minute Micro CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! HK_L61 Crude Oil has an expanded range from 78.36 to 80.48. Sellers have been roundly pushed back as CL would simply collect the energy and grind higher. API Today and EIA T0morrow will provide direction, the Gap remains overhead and should be filled. Rates have had a mild impact on CL , as has the DX . ___________________________________________________ We currently hold no positions and are awaiting the next break of 80 or support to trade to consider a Position. The Weekly and Monthly ranges are quite large and have us squarely on the sidelines while the Indices are providing greater Velocity Intra-Day. Should TNX backtest the breakout, we will be closely watching the reaction within Energy. NG came up nicely off its 3.50/3.70 range to move back over $4. RBOB remains in a larger Range and is becoming a leader in the Energy Complex into March as reformulations begin to gain momentum.