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Oil & Gas producers

We've had this pennant shape on the oil price for a while [1], it appears to be reluctantly breaking out on the positive side with recent higher highs and low, but not spectacularly.  Not that such a breakout is a good thing in a wider context.

There has been a pullback on the % stocks above their 20 and 50 day EMAs [11 & 12] and the Silver Cross Index [14] bit this has not been seen so much in the % stocks above the 200 day EMA [13] and Gold Cross Index [15].  Weinstein Momentum [5] is crossing up through the zero line and 1% A/D is a little above it, though the direction is unclear [6].

My aggregate long term score [B, grey] has not moved much during this pennant pattern, but the medium term score has [B, green] but has not gone significantly negative.  My supposition is that the oil and gas producers are still going to move upwards, but that is only supposition.