Buy Oil now. It is in 3rd wave of the last 5th upward lag

Oil seems to be in 3rd (1h chart) of a 3rd (4h chart) of the 5th (1d chart) upward motive wave, i.e. it is an opportunity to join a nice ride till about $68 with relatively small pullback expected at about $66.50.

Previous wave count with bear outlook for oil and stocks was invalidated and abandoned.

BTW snce Oil has high correlation with dollar index, consider shorting Sugar as diversification.