Price closed above the 20 and today we not just above the 10 but took out yesterday's high.
So I'm saying again the daily cycle low is in . We are heading to the 200 again (41-41.5).
It is going to be a fastening move as bears anticipate that we are going to make a higher high and they are covering the shorts.
Today I would like to see higher than the last 4 days and a close above 38.25.
Oil stocks will be on fire today.