I would think there's one more buying frenzy. Getting ready to flash another short order when it does.
I still have a lot of problem reading the price action for CL. In truth, I can't make heads or tails on some of them. They're outright absurd. For example, you have prices steadily rising and then all of a sudden, boom, it drops like a brick for no apparent reason. And it happens so fast, it catches you off-guard. This would never happen in ES, where you would often see prices retest the support level before it breaks apart.