Get ready for much higher oil prices, way past $70 this year. Current PSAR charge trajectory suggest not an immediate surge, but a short consolidation between the 'monthly' 200MA and VWAP ('century' calculated). Expect a large breakout shortly after, anywhere between Spring and Late Summer 2020.
ADX DI 'monthly' show's super-bullish sign as well:
ADX DI 'monthly' show's super-bullish sign as well:
Comment:
Update: Expect a price surge towards 70 by April/May 2020