Oil Bottomed?
To me, so far at least, it looks like maybe $65 was bottom. Oil normally is a seasonal trade, and summer prices go up usually anyway. More travel by boat, air, and car = more demand = higher price. It's not hard.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.