Crude oil holding above the 100 handle - #oott

As the crude oil market trades and holds above the 100 handle, we can being to speculate at which price this market will pull back to too allow dip buyers to reenter the trade. We anticipate a pull back into the low 100's handle would be a great place to start accumulating. Any levels at 100 or 98 would be a sufficient pull back to get back on the long side for oil as we believe 110 in this cycle is very likely.