It is getting regular resistance at 420 degree Level. Next 420 degree level is 93.08, marked by a
thin dotted tend line, when price reaches this level of 93.08, it will have three touches at 420 degree levels.
So, if you are long please be careful. Not advised to open any new long position. Only when this level is breached decisively, then only buy.
Please refer to my previous coverages on US OIL. Link provided.
