Crude continues to move within the sideway range shown below with minimum change worth mentioning since this morning. Thus, we hold onto our morning expectations and recommend returning to insure levels that must be watched, as well as the suggested scenario in more details. 
The trading range for today is among the key support around 77.35 and the key resistance around 81.00..The short term trend is to the downside as far as 84.00 remains intact with targets around 61.60.
By: Yasir Mubarak
Senior Technical Analyst
[email protected]
www.ecpulse.com