The crude oil markets continue to ignore poor numbers, as people are looking right past the inventory figures. That being said, it looks like it is if we are trying to break out above a major downtrend line. For the full article: https://www.fxempire.com/forecasts/ar... Find more information about Forex and Commodities News (https://www.fxempire.com/news), Technical Analysis (https://www.fxempire.com/forecasts/te..., Fundamental Analysis (https://www.fxempire.com/forecasts/fu...) and Brokers (https://www.fxempire.com/forex-brokers) on FX Empire (https://www.fxempire.com/).