Right now you can buy a barrel of oil cheaper than a fifth of burbon!
If I had to guess ( and thats all it is ) 7316.25 could see a little bounce here. Only thing is that 6984.50 daily close has never been touched.
Really strong finish into heavy resistance today. Possible gap tomorrow ?
Been watching this line for a couple of weeks. Really thought we would get a good counter trend rally off this line, but continues to get tested ( even while were sleeping )
Short term and long term support and resistance lines at decade numbers.
Beautiful cup with handle breakout on the monthly chart.