The Light Sweet Crude contract fell for most of the session on Wednesday, but got a nice bounce as the Federal Reserve announced that interest rates were on hold until late 2014 at least. This should continue to put pressure on the US dollar, and as a result it will give a life to commodities. However, there will also come the question of whether or not they saw something that was much worse than originally thought, and because of this – we are still holding firm with our assessment that the $105 level needs to be broken on a daily close in order to buy. A daily close below $98 sends this market much lower, and has us selling. Until then, the oil markets will more than likely be very volatile.