Oil finds support at $76.40Since Mar 1st Oil has found support at $76.40 so Oil could stay above that today however Oil really needs to break through $77.50+ to show any trend reversal and we all know that with every sudden rally higher there's a chance of selling into it. Yesterday from the day's high of $81.10 Oil sold off over $4 hitting $77.20 that was the first chunk so if every day that follows is in the red it's going to be a grind lower and from yesterday's high of $81 Oil has lost $4.50 when Oil was at $76.50 but looking for anything bullish right now for Oil is going to be difficult. Everyone wants higher Oil myself included but we have to deal with what we're handed while waiting for an extremely bullish driver to emerge. The bulls are trying to fight back today. but we won't know till the close where Oil stands.