There is oversupply of oil coming from new oil rigs in USA so oil there rise in supply. Also the price of keeping oil in tankers raises since there is no space to keep oil. I will go short for couple weeks and see what happens.
The trend is down so why LONG? EURUSD went up as well as SILVER a little bit. There is convergence between those. I wait till 8-9.12.2016 and see what happens. Definitely, I would like not to be in SHORT right now.