WTICOUSD The Daily is in Bullish (directional). Price action has been doing tight and wide consolidation. The bulls are rising from both a Bullish Pressure Zone (from the lower wicks of the last three candles) and headed for the Swing High of 69.975.
If the bulls fail to reach and breach the Swing High, then back down towards the S&R Zone (that begins at 66.314).
*Alternative Scenario: If the bulls breach the Swing High of 69.975 with a candle close past that price, they can head up more towards the tall S&R Zone that begins at 69.238 to either meet resistance and drop back down or cross through the Zone.
A giant W-shaped pattern may be forming with the 4th, last leg being a long bullish trend.
USOILSPOT As I had discussed yesterday. No going back from this level. Since it pulled from 64.5 level and showing no weakness, it means bulls are in control.
And if TRUMP doesn't play his shitty game again, we can touch 68 within 2-3 sessions.