The energy pack broke out of a multi-month downtrend, and pierced through anchored quarterly VWAP and it's 1 stdev. After a strong move, it's doing what bulls want it to do - after strong candle 1 and 4, retracing from 2nd Stdev before the next leg up. Expect continuation of the TD sequential.
Target 59-60 to profit take, its immediate support at 47, strong support at 44.
Position: Long call
Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.