Will it continue is anyone's guess but when I began looking for possibilities this pattern stood out. It plays nice with zones and works well with current cycle. Will we be looking at 100 oil 0.86% by next summer? I don't know but this chart suggests it is a possibility.
I am a private investor trading with my own money and am in no way a professional. This chart is simply a compilation of my thoughts on the subject of oil 0.86% and is in no way a trading plan. Trading is a risk rich endeavor; thus, doing one's own research and risk assesment before investing is a must.