oil has moved to the bottom of its bigger range and we get to see if that is support or further weakness steps in. The test off the bottom of the red zone or a break above red top both could be good trades back to the 57.5 area and we will still be in the consolidation.
As of this typing a bigger up move is happening and will give a clue as to further strength or exhaustion, will watch close for clues.
As of this typing a bigger up move is happening and will give a clue as to further strength or exhaustion, will watch close for clues.