Update. The drop seems to be taking its time. I still belive the drop will come. The gap between brent and wti has increased by a 1 § since my purchase. Only yesterday the gap increased by 50 cent, when wti fell without similar reaction in brent. Im still holding out for a correctional move today.
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johhoh104
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Never a dull moment. Slight breach of the trendline there. Lets see if it holds.
The drop seems to have begun to target 60.50. However, I suspect that it might find support a little earlier depending on how quickly the price will fall. See the chart.