Oil on the move

Updated
Interesting week ahead for oil. Downtrend appears to have been broken this past week and a new uptrend started. let's see if we break Fridays high of $52.34 and push thru $52.50, $52.70-$52.75 then make our way onward to reclaim $53
Trade closed manually
CL rejected off initial resistance on several attempts. Market not yet ready for any further upside movement
Comment
looks like the market decided to give it one more go and broke resistance this time.. got to love it. lol

snapshot
Trend Analysis

Disclaimer