Range bound between 2.25 - 2.50 since early FebTechnical analysis tells you that the longer it stays in that range, the stronger the breakout will be.
Catalyst for upside:
Alberta election
Report on May 2
Strong seasonality for oil
Already stronger oil prices
Current risk/reward for shorts vs current risk/reward for longs
Catalyst for downside:
Equity market pullback
Odds are stacked in our favour....