CL "OIL" continues the drop towards $60!

Jul 21

1). Wave 5 drop needs a completion lower! 2). Risk is selling off! 3). Volume is falling! 4). Price appears to be heading towards lower market sentiment! 5). Trump is imposing more Tariffs, which is likely causing deeper corrections!

Aug 2

Trade active

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Aug 19

Note

OIL had a higher corrective wave 4...looks like we will hit the anticipated target of $60/barrel soon!

Aug 19

Note

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Aug 26

Trade closed: target reached

Oil continues to drop toward $60/barrel!

7 days ago

Note

Sell towards the end of the northern correction @ 6450 or so...as price continues to drop towards $60/ barrel or lower!

7 hours ago

Note

OIL continues to drop towards $60/barrel, which also indicates a slowing in the economy... s3.amazonaws.com/ews.charts/wp-content/uploads/2025/09/04112329/USOIL_2025-09-04_06-11-42_8972a-4-hour.png