long term trend is still up as 40 week moving averaging is still pointing up. May dancing around 40 week MA for a while before we know a clear direction. Under currently condition, we should overweight stocks over bonds.
Judging by the 40 weeks moving average direction, moving average rainbow, recent dollar rally is still a counter-trend rally, and may targeting 96 level. Probably a good idea to open a short term long dollar trade (or short bond, short gold etc.)
Judging from past when RSI at cycle low, oil rallied from 27 to 114 months, with price gained from 78% to 1121%. So there is a high chance current oil rally is far from over. I would buy on breakouts and dips with a target of $87.