Chart Analysis of WTI... I don't have any idea about this...

It's monthly candle in WTI market. The price has been down to almost the previous trough right after financial crisis in 2009, and at the same time, the value of MACD is similar with then. On the cycle approach, it seems the final adjustment in price now with possible divergence of MACD. Further, the lagging span seems to match the inflection point then. In these materials in the chart, oil price would turn to higher soon... but, current condition is the falling knife with vulnerable fundamentals...