Oil Prices Up 66 Percent

“A break above here, if seen, would suggest extended gains towards at least the $62.50 area as we move towards early 2017. On a longer term basis the 55 – 200 week moving average setup and this inverted head and shoulders would suggest that the gains could be into the low $70’s (this would be a spectacular 66 percent surge) by 2018.”

Source: kingworldnews.com