Crude Oil Update -

Crude Oil is likely to push higher this month, with Jan WTI Crude Buy Signal at 62.85 levels, with a stop at 61.70, target 67.50.
Several Catalysts for higher oil prices in both the short and medium term.
With Cold Weather, seasonal factors (oil prices, oil stocks has strength from December through April) and potential OPEC output cuts.
All strongly bullish for Oil.
Technically, the bear channel since mid-September has been broken giving scope for acceleration higher.