1) Of course it would be nice to see 200 as a correction before going more up.
2) But if the to the upside will be broken we might see some movement in the range of 290-320 before going more higher.
3) just try to think little beat here. Scenario A - going to the $200 price is simple. But ranging scenario is also should be simple for understanding here. If we're ranging - that means only 1 thing - we're trying to get more fuel for going higher