I hear you. Oil does take its time, but the bottom most likely not in yet from what I see.
Weekly chart showing more downside as well. 47 minimum near term. If oil closes below 49 today, 47 becomes next level to look for bounce of substance.
Still has too much overhead.
DISCLAIMER: MY POSTS ARE STRICTLY MY OPINION, AND ANY OPINION
PROVIDED DOES NOT CONSTITUTE A BUY,SELL, OR HOLD RECOMMENDATION.
DECISION.