The BIG PICTURE clearly shows OIL going sideways since November 2024. It has been finding a very strong support between 64 to 66 and an equally strong resistance between 79 and 81 area. Both the floor and the roof have been restricting a break out in either direction. An improvement in the current geopolitical situation could increase the SUPPLY of Oil leading to a break out on the downward side. Until then it’s safe to go LONG anywhere around the 65 area and go SHORT anywhere around the 80 area.