RE:Let's turn greenI don’t know about $5 any time soon, but… if we manage to decouple briefly from WTI (which is what we are attempting with today’s rebound from the lows), then the charts point to the $3.10-$3.80 range (probably $3.50) sometime within the next 7 trading days.
This is only my read and opinion of the charts. Please do your own analysis.