First target achieved in OIL

It went straight to the target with a slight delay in time and bounced at the moment of writing at the support trendline. Price may recover a little bit but big hedge funds will decide their big moves either on Friday or Monday. Let's see what they want to do.

My target remains unchanged at 61, extension at 57ish. That would accomplish the oil swing of 20 bucks stated many weeks ago.

Cheers.