oil: watch the monthly long term support

Updated
Retest and continue down?
Or break up and retest high?
Note
bearish
Note
It takes long way to go to break the long term resistance. Touching 50 will trigger massive shorts.
Note
Once again, we are here at the monthly resistance, may hit 51.64 and break it, but who knows it's a real break or not? Prepare to load short around here

Also on:

Disclaimer