Over all outlook for oil is bullish at least till end of the month. Looking at the daily chart it is clear that currently Wave [C] is in progress. changing the chart to hourly confirm daily outlook.
Expectation of price move during Oct 2017 is possible between $55 and $58. This is almost 10 points move from previous month. Forecast price is almost at same level of the start of 2017, when prices in Jan 2017 $58.00, however lowest point of the year is Jul 2017, right after 6 months of high.
