USOIL Trend Analysis

Oil has been pushing for new ATH's for the past couple of weeks. I don't think we have topped just yet, but I do expect some regression in price to the 87.25 - 85.50 level. If we can pullback to this zone, and we can get bullish price action (smash bar, or a bullish engulfer), then this would look like a good entry for bulls to go long.