Oil is trading each day into a tighter and tighter balance area and will break out soon. Will not trade the break out idea until it happens so will look today at trading more of the same. the smaller range marked in Red is the small picture balance zone and a move above is still inside bigger balance but could give a nice long trade to targets marked. This goes for moves below the red bottom line. If oil remains inside this zone will trade long from all supports and short from all Resistance until out of this balancing act.