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Consolidation Sets Stage for Next RunOn Tuesday, the price of crude oil continued to compress as the day’s trading range was the smallest since the early-April interim swing high, which was followed by a sharp drop to $55.23. At the time of this writing, crude is set to end the day’s session with a narrow range inside day with a low of $60.92 and a high of $62.12.A decline below the low of the day has Monday’s low of $60.68 as the next lower target, followed by Friday’s low of $59.54. On the upside, there i ...