We have a C&H set up on the monthly chart. I expect weakness in the dollar into Monday morning, and back fill the open gap at 3520, then trigger a massive move up. The catalyst for the move is record net spec shorts and I sense some news is coming to trigger massive short covering. This will be very very bad for oil and the market.
In addition, record net longs in spec oil, overbought conditions, and chart pattern (Top of accumulation pattern) would align.