First the non-news from OPEC resulted in a drop to the median and then the Inventory draw-down resulted in a raly to the top rail. This fork is still showing the structure of the move with price wandering just outside the fork.
There was a higher low and now a lower high.
So sideways recent action.
The target is going to have to be moved over in time.
There was a higher low and now a lower high.
So sideways recent action.
The target is going to have to be moved over in time.