Nymex crude oil futures prices were hammered lower last week, which negated a price uptrend on the daily bar chart. There are now early technical clues the oil market has put in at least a near-term market top, if not a major market top. It will likely take a geopolitical event in the Middle East to drive oil prices above their recent highs. Otherwise, I look for oil prices to trade sideways-at-best in the coming weeks, if not sideways-to-lower. Stay tuned!