WTIC is shaping out a bullish pennant. If you take a peak at the weekly, it's worth noting price is sitting right at the 200 week MA.
Fundamentally, I'm bullish the dollar into Q1 and still see spec length as a factor hindering upward movement. This contradicts the bullish pennant on the charts. So we'll see!
If we correct it is the counter trend in a bull market.
