usoil big move coming

21 Jan 2017

We are either in the midst of an ascending triangle or a rising wedge . A break above 54.50 means we have been in an ascending triangle and we are going much higher. A break below $52.50 and then $48 means we were in an ascending triangle and we are going much lower. Either way we are at a breaking point and should have an idea in the next 2 weeks where we are going for the rest of 2017. Much higher or much lower. Interesting times.