Crude oil prices fell overnight into the 107 mark, which also happens to be the 100D MA on the one hour chart. At the current movement, traders are battling short term price action with longer term fundamental. Short term, if we dont hold this support than its likely that crude oil could drop further into the 104.75 or 102 level. However, considering that the fundamentals have not change, how long will it take for dip buyers to show up and start buying oil at a cheap price again? With potential targets at 111.50 and 115, the current trade price will provide substantial gains if we rotate higher from here.