looks like decision time for WTI, the Daily wedge is about out of time & $19 base has been tested and support seems to be established. A break back to the 200 ema on D1 would be a massive move for the oil sector and return the markets to normal business as usual levels
NBL is approaching our first resistance at 23.20 (horizontal pullback resistance, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 17.66 (horizontal swing low support).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
