_ Main trend: growth
_ Short-term trend: consolidation
R1: 82 gap
S1: 80 psychological
S2: 78 upper level of consolidation range
S3: 75 upper and lower level of consolidation range
S4: 72 consolidations
S5: 68 consolidations
_ Oil is in míd term consolidation in 75 – 78/80 range.
_ MACD is in declining trend above zero level.
_ Both ROC’s are in sideways trend. ROC20 is on zero level, ROC60 is above zero level.
_ RSI is in sideways trend slightly above zero level.
_ Continuation of consolidation is most likely technical scenario. MACD is currently showing increased likelihood of testing of 75 level.

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