It's in "no mans land here" basically with the conflicting signals , probably safer to just daytrade it until we get a clearer picture.
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Yes, divergence can persist awhile before fulfilling the potential hinted at but at today’s hitting of lower 53s, us oil has hit a fib1.382 target.
The 1.5-1.618 region will reveal the 51-52 region but for now, coupled with your bullish seasonality observation, perhaps we can expect a short term rally?
Certainly the bullish inventory draws aren’t getting any attention in the mixed signals of geopolitics and trade war demand factors.
Guess price will show up soon enough.