October micro crude oil futures present a buying opportunity as prices trend upward. The U.S. and China’s healthy economies suggest strong demand for oil. Potential resistance at $66.00 could trigger a buying opportunity with an upside target of $75.00. Middle East turmoil remains a supply-side risk. Trading futures is complex and risky. Jim Wyckoff has no positions in mentioned securities.

Read more at Yahoo Finance: Oil Is in a Choppy Uptrend. Where Will Prices Go From Here?