STO & Oil Medium Term Trends, page-13

lol - the media is having a field day in both directions. I'd like to know who tips it each time as it's often feels to me overly one sided - like suddenly now all I'm seeing in most of the headlines is how oil is giving up its gains, to push the euro markets down? It's actually holding pretty well after the insane jump it's just had. Sheesh...

I've already shared in a couple of other threads some charts, IMO, give it another week or so before the next drop takes hold, but essentially, I get the imoression oil is going to make a couple more lower lows before it's inevitable return to profit.