Crude is continuing its bullish run with new highs on day 30 of Trading Cycle #2, signaling that the Bear has likely ended. My second, longer term 2 year chart, however, shows it is running into resistance at the confluence of two forks.

Crude has a fairly wide timing band for TC Lows at 36 to 48 days but I will go short here if price breaks below my lower blue fork line.

Screenshot 2016-05-17 16.01.47 Screenshot 2016-05-17 16.07.25