How Low Will Crude Oil Go?

Crude oil seemed to find some support around the 89EMA as it stuck to it for 9 days. However it has now broken free of the 89EMA and is sitting on the 144EMA. If it breaks this level $100.00 can't be too far away.

Of course I don't make long term price predictions.

Mainly because I'm always wrong.

Daily Crude Oil Chart (click on chart to view)