A slick rally
Crude oil futures have strung together 4 straight up days, closing at a 3-month high on Thursday. These streaks have a decent record at leading to longer-term rallies, but bulls shouldn't count too heavily on the streak lasting much longer. It rallied 4 days in a row to a multi-month high 116 times. Once it went 4 days in a row, it managed another up day 49 times. It went 6 days only 20% of the time, and dropped off dramatically after that.

