US Oil closed lower on Tuesday as it consolidated some of last week's rally. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible near term. Closes above July's high crossing would renew this summer's rally while opening the door for a possible test of weekly resistance crossing later this summer. Closes below last Tuesday's low crossing would confirm that a short term top has been posted.