Oil has seen it’s highs and will be heading significantly lower, soon.  It may not be heading back to $55, anytime soon, but a gap fill just below $70 is not a matter of IF, but how soon.  It had already failed to take out the original spike high just under $120, and now with the bounce off the lack of a deal and the blockade, failing to reach even that lower secondary peak, the chart says down going forward.  Could be either a grind lower or a fast collapse.  The top for this cycle, is in.