WTI Crude first resistance at 5280/90 but bulls may be ready for 1 last push higher before an overdue correction. On further gains first target is 5320/30. If we continue higher try shorts at 5365/75 with stops above 5420. An unexpected break higher however targets the February high at 5485/94.
Failure to beat 5280/90 risks further profit taking to support at 5225/15. It is likely we will have a bit of a battle before a deeper correction so look for a low for the day here. Try longs with stops below 5190. Just be aware that a break lower targets support at 5130/20.