You are right and to this we have to add that historically speaking the coming months is when Oil make new highs and spikes, usually April and October are the bottoms. WE will see Oil in 90 before the end of the summer.
Guys I am bullish today, but for the ones of you who are bearish today look very careful at 76.58 is the VAL in my Market Profile it's finding some support in there, if it breaks down the number after openinng it will be a good entry point in the down side. Good luck.
sold pop? after those guys gun down stop loss for greedy short sellers, now it snowfalls. shorted some NQ at 1897.5