WTI's Next Move: A Look at $70

Been watching WTI pretty closely here, especially with the recent chop. We're sitting around $71.22 right now, and the daily range has been pretty contained. I'm leaning towards a higher probability of us testing $70 again before we make a decisive move much higher.

My reasoning is pretty straightforward: the bounces from $70 haven't been all that convincing lately, and we've seen some sellers step in quickly on rallies. I'd put the odds of us touching $70 again this week at around 65-70%. Not saying it'll hold, just that a retest seems more likely than a breakout above $73 at this point, given the current momentum.