The Nymex crude oil futures market has turned choppy and sideways on the daily bar chart. Bulls and bears are presently on a level overall near-term technical playing field. The bulls would gain the chart advantage by pushing prices above major psychological resistance at $100.00 a barrel. The bears would gain the near-term technical edge by pushing prices below solid chart support at $92.00. In the meantime, look for more sideways trading between those key price levels in the near term. Stay tuned! —Jim Wyckoff