The correction wave does not seem to complete from the of . The bigger resistance is at around 37.7.
If 34.5 breaks, it will go up to 37.7.
For next weeks I would suggest to go long if 34.5 breaks and take profit at around 37.7.
If it rejets back from 37.7 afterwards, I will open a short position.
I have made a month chart and a day chart analysis on oil in last weeks. This is a week chart analysis.
Good luck for everyone!