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riversnew577

WTI Ending Diagonal

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
riversnew577  
TVC:USOIL   CFDs on WTI Crude Oil
Wave Analysis
5
0
waveanalysis
snapshot
USOIL

WTI is in the process of completing an ABC up move to end wave IV of 5. The final C wave is an ending diagonal that will end or has already ended. The next move is down to complete the longer deflationary cyclical wave from 2008.
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