Some Chart Astrology

I asked this morning if Oil was breaking it's Cyclical trend, or secular.... IE "IS OIL OVER" or is this the sign of it working on a Bottom, and move back to the secular bull.Here is XOM This correction is a 5 wave move, It does not show a very good ABC pattern. That red line is the Secular Trend, and as you can see... that is the Cyclical "bubble"
Here is PBR, Green Cyclical, Yellow Secular. You also have to figure out the premium of them finding one of the best recent oil finds, in Years.