Early 2016 has good strong signs of a market in U.S Oil
However we must realized that the overall trend is and that eventually the bulls will be coming back to continue the death of U.S Oil . The time the bulls will come back can be seen by the red arrow going down on the chart. This signals the completion of an ABC correction pattern.
Make sure to take profit or move stop losses
At the end of the day you want money in your pocket and not a bunch of unrealized gains. Trade wisely.