Black Gold

I see Crude has just penetrated the 75 dollar level, now I don't expect Oil to rise infinitely. But no one can deny the wall of money out there which has driven asset prices higher and lifted commodity prices by ~ 4%. At the moment I am bearish below 76.2 and the initial move above 75 this morning didn't trigger any stop loss buying, meaning most traders still have faith in the 200 wk MA (75.4). But if the USD continues it's sell off and the top of the trading range gets broken (76.2), well then as a rational investor is my duty to turn and join the wave up. Lets not forget GS q4 forecast of USD 85...The inventory data on thursday should provide more insight on the next few moves