NYMEX:CL1!   Light Crude Oil Futures
I think the likely path for the oil is still downside, for the reasons of the virus impacting Chinese economy.
As far as I hear from the direct contacts in China, the situation is really bad, and the production has actually stopped.
The consequences are really hard to assess.
Channeling and geometry parameters hint 45 as the likely target for the current wave structure before it really reverses

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