Next stop $83As everyone has noticed every sell-off caused by the US due to horrible data the bulls were quick to recover and close higher this week. Oil finally broke through prior highs set at $81 on Dec 27th and Jan 3rd this is noticed on any Oil chart this was what I was watching for and it happened today returning to $82 Oil where it was before the US returned to trading after their holiday Monday even with horrible data Oil selling down to $78 it was a 2-day profit taking / horrible manufacturing from both China and US day adding surplus Oil to the market week and Oil recovered from every sell-off so this first leg of the rally is now fact being proven today and I'm on board $83 Oil next stop we should hit $85 extending the $8 gain for Oil from $74 to an even $10 coming real soon judging by this week but thing change making trading Oil one of the most complicated commodity to be certain about where its heading day to day I mean second to second the thrill of trying to get it right and it started today with pushing through month highs. Now that Oil is bullish wouldn't it be great if an event happen which would cause Oil production to be reduced over the weekend? I feel that if Monday sees Oil higher even $0.50 that volume and SP will be bullish on all Oil plays that have enjoyed gains this week looking really smart in jumping in with both feet to max future returns. US data next week starts Tue with API if it shows a draw that would be bullish so far the US largest Oil refinery is only at 85% and expected to hit full capacity soon which will help if the markets are looking for tightness in the US and so far the bulls have shrugged off any horrible data and closing higher that's undeniable then Wed EIA but it's Thur US GDP and Durable Goods so Oil could skate right through till then. The bulls have had nothing but recession fears to face since June but if China can follow through even with 35% world demand soon the bulls will be all over it. It's looking like the bulls have blinders on focusing only on higher Oil so let's keep riding this proven wave. GLTA always DD and BB need both sides of the equation to render a fair outlook so telling people to ignore other people is an assumption by them that you're all idiots and need guidance its juvenile and is expected by a control freak. We're all here to make money wisely.