Oil rangebound and down?

Vertical lines show rollover dates. I'm anticipating prices to remain bullish until rollover and then rangebound between 50 and 54 through November roll period. At that point we will be a week away from the OPEC November meeting and I'd expect prices to drop to a more neutral range near 48. Once that happens I'll expect the 45.62-50.37 range to take over. Updates to come.

This is for observation and does not include specific trading setup; I will update with those.

Good trading to all!