That's a big level on my chart
WTI crude is up another dollar today to $64.04. That breaks the 61.8% retracement at $63.71 and clears the way for a return to the highs.
Oil has been by far the best trade of 2019 and it just keeps going.
What I like about it is that no one is bullish yet. Goldman was out with a note today saying it might go another few bucks but won't get back to the highs.
