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Showing posts with label Crude Oil - Be ready for wave 5 lower.... Show all posts
Showing posts with label Crude Oil - Be ready for wave 5 lower.... Show all posts

Friday, December 20, 2013

Crude Oil - Be ready for wave 5 lower...

Crude Oil:

The break below 96.31 was never sustained (small bear trap), which has kept wave moving closer to the 38.2% corrective target at 100.04. However, we should be close to the top of wave 4 and see wave 5 of C take over soon for a confirmed break below 96.22 for a continuation lower towards the ideal wave 5 target at 87.32.