we are watching oil closely and it looks like its slowing down at the moment, the target of 42$ gap fill has already been reached and now we are expecting to see a drop in oil from now to 18$ by july 12th,
and then start the third wave up ,from there until autumn.
Comment:
still watching the chart slowly struggling to go up, i believe the tipping point maybe on sunday night 5th july , however i also have to be careful if it tries to touch 42$, but either way once it breaks down from this flag i will look for shorts. it already has some bear divergences appearing.