Pull back and up again
Updated
In my opinion oil price up again as soon as pull back the trend line.
Note
In my opinion we have to be a little bit patient... Just move a little down everybody ruins their structures. Up and down movements are quite normal. As some people predicts, the price will never reach to level 28 again... The minimum level will be 32.5... 26 level is already bottom of this year... In my mind price will be reached up to 42 level in the nearest future and 52-53 level in maximum 2 months.Note
Oil breaks out 36.40 resistance level... Now 42 level is becoming closer.Note
Sorry 38.40
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