Oil Price, page-3

Still feel POO will break through, just a bit of a grind for now. If it takes a while, in theory SXY could retrace to 15c resistance and if so, nobody should be alarmed, all part of a developing uptrend. I will certainly buy more at that level to trade to 18c for 20% profit and maybe more than once if it range trades for any length of time. Not saying it will, saying I have no idea in fact, but just being realistic and considering what is technically likely until any fundamentals change the pattern.
longer term, I looked at when WTI was last at $70 as per the CNBC prediction above to see where SXY was (40s) but probably not that useful because both were in free fall. Any thoughts on what fair value would be? (Or at $65 Brent which I think a better target.)