OIL - Yet another July-Jan cycle.

Looks like we are in yet another July - January (first days of month) crash-move that occurs quite regularly in recent years. We may expect at least $41 at the begining of January.

Comment:

Green line almost hit. Now we should see something like this:

(Maybe, just maybe without the retest)

Trade closed: target reached:

Reached but we should go much higher .