If you are following the downward trend we are sitting at that...

If you are following the downward trend we are sitting at that resistance right now at 56ish. Whenever it goes over the trend it quickly came back to sit at the downward trend.

IMO this whole trade war has been blown out of proportion.

Sure some people will get caught out, but the world's economy is not so rigid.

E.g china putting a tariff on US oil is tokenism, China just buys oil from somewhere else and someone else buys US oil. Genius

If there is any industry and time to be contrarian, IMO it is now and in energy