Crude TA Wave Analysis 9/1/16

NYMEX:CL1!   Light Crude Oil Futures
59 0 2
I'm expecting oil             futures to rebound between the .38 and .5 retracements in the short-term, before possibly continuing its downward momentum. This would bring it around the beginning of the fourth (D) wave. Thoughts? Let me know what you think! -Matt

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