Oil is the story of love and hate

Oil disappointed yesterday by falling through the floor. Well, it was naive to expect oil moving straight up, wasn't it? Looking at the history over the last months one can tell that oil is a canny thing.

I was stopped out, tried catching falling knives but eventually gave up. I should stop doing this. Nevertheless, it does not cancel the bullish count. Here's my adjusted count and I will think about a bearish alternative. I promise.