RE:Where are headedRelax it takes time. Oil up for a day is good, oil up for a year is great!!!
I am not a chart analyzer but I recall TD saying if WTI breaks through the 200 day they thought things might really take off. I think WTI would have to move about another buck and hold for a week or so then things might really be looking good.
High WTI and a long period of time leads to great gains!!