Near Term Trend: Bullish
Sunday @ 10:37pm EST: $46.67 (+0.13)
UPDATE: Last week, I gave support for crude near $43.08 with an upside target of $48.
The lowest crude got on Monday before beginning a string of up days was $43.65. As of Friday, crude was close to completing a short-term move higher and was due for a modest retracement before heading up towards the $48s.
I would be trying to buy crude on a pullback to $45.04 with a stop below $44.75 on a close. I would be holding off on shorts until the next rally terminates up near $48.19.