Crude oil has the potential to trade higher with a correction set back. The upside target could be as high as $79 area before a major
reversal for long term drop to target as low as $18 for multi years to come.
Long term scenario is in the making as shown in the chart.
Still after many correction downside period, WTI crude oil may achieve $75 area objective.
If crude manage to trade higher, break $85 BBL and sustain this level, then multi year possible
much lower level to as low as $20 is negated.