I would slowy enter into a long position @43.80 between 42.80 fundamentals are still bearish but this in the low part of the range 43-47.Hoping rig count will be down on Friday and MACD will bottom out 1 hr at -0.55 will give oil some bullish factors leading into the weekend. EIA Gasoline stock should drop next week but crude stock could rise in return that 9-15-16 "The federally mandated dates for summer-grade gasoline and reformulated gasoline, where required, are May 1 to September 15 for refiner s and terminals, and June 1 to September 15 for gasoline retailers."
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