#USOIL Short Weekly Chart

Could this be yet another V bottom in Oil we saw back in 2009? Doubtful! We need at least one more pull back, before we can push higher. We could see a possible H&S we could revisit the lows if a Global recessions hits. We could break out and my analysis could suck ass! My Job is not to guess what will happen. My job is to ready the chart and see what is more likely to occur. I don't care about OPEC or what the news says. I care about picking my battles wisely. ;)