Overall bias is short.
If price breaks the inner trendily then we could posibily see an outer trendily touch.
Price has recently broken through monthly support. (possible retest).
It is clear the world needs cheaper oil prices not only does this put pressure on those middle eastern countries that were using oil proceeds to fund terrorism but this sends a clear message to the Eastern powers that the world will not stand by idly while foreign nations invade each other to benefit from commodity prices. Commodities are still priced in US...