Figure 1 is a monthly chart of West Texas Crude, cash data. Prices remain within a well described up channel. $120 seems like a reasonable price target. In terms of sell signals (i.e., the presence of multiple negative divergence bars), I don't see any on the horizon.
Figure 1. WTI/ monthly
Figure 2 is a weekly chart of the United States Oil Fund (symbol: USO). Three weeks ago, prices "broke out" from a fairly substantial base. In the last two weeks, prices have pulled back to several times to re-test that support level or "breakout" point. I would expect USO to hold above $42.
Figure 2. USO/ weekly