USOIL is still in uptrend, plan for next week.

It feels like USOIL is poised to rally again (though can dip to make a new low). At least in wave C within a bigger corrective structure. The big picture is very difficult. Partly, I am taking my comfort from CRB chart that also looks bullish till the end of the year but can be very choppy as it is in final wave E of wave 4.

Hence I am not putting much emphasis on a bigger picture and will be trading oil cautiously expecting a turnaround anytime.