RE:RE:GAPI see 56.86 as bottom here - then up - we should hit that first this week- up by end of week.
Moving into next week will be tell tale sign.
This comes off last support since bounced off 50 but continued through - now at 576 -
this falls right on the weekly trend line as well.
This all of course correlates to the WTI technicals.
As far as VII - looks like 11.96 is bottom area - 1618 - if blows through here will not be good. Should bounce from here and move back up - Saudi's did cut -
Trump wanted lower but not going to happen - this is just a posteritiy move for Trump but will not actually happen.