Crude oil had quite a week. Pushed up to 62.34 at one point but then rolled over and closed at 59.37 with a shooting star—textbook rejection move. Here's the thing though: that weak close doesn't mean we've actually bottomed yet on the intermediate timeframe. Need to see a weekly close above the 20-week moving average to confirm the low is in. Until then, still a bit of uncertainty hanging over the setup.