The A-B-C correction from mid-February 2009 at 33.55 has been more than hard to deciffer, but the above count is my best bet. If this count is correct, then we have just seen an important top at 113.21. The rally since mid-february 2009 is clearly corrective and fit my count that the decline from 147.27 to 33.55 was a five wave decline calling for a large zig-zag correction. If we do have just seen an important top at 113.21, the we should now see a five wave decline to below 33.55 to end the zig-zag from 147.27. Wednesday, April 13, 2011
Crude Oil - Top in place
The A-B-C correction from mid-February 2009 at 33.55 has been more than hard to deciffer, but the above count is my best bet. If this count is correct, then we have just seen an important top at 113.21. The rally since mid-february 2009 is clearly corrective and fit my count that the decline from 147.27 to 33.55 was a five wave decline calling for a large zig-zag correction. If we do have just seen an important top at 113.21, the we should now see a five wave decline to below 33.55 to end the zig-zag from 147.27. 
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