Cruddest
Long

not a treasure map, just a thought

NYMEX:CL1!   Light Crude Oil Futures
not a treasure map, just a thought that i would like to put into discussion
how i see CL1 with Elliott wave
please like if you agree
comment if you disagree ,
im not really an Elliott wave expert, so any helpful notes would be kindly accepted
We are going down....EW suggest A-B-C is done on the larger degree wave count.
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Hi Cruddest, just one coment to your wave count - I´ve noticed that the 4th wave market as "v" (btw you meant "iv" I guess) in your 3rd extended wave is overlaping with the price of wave "i", which is against one of the three "unbreakable" rules of Elliott Wave principle...
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Cruddest __Noob__
i believe that it has not overlapped , it bounced on the closing price of wave "i" and has not passed through
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Another confirmation to the inv H&S neckline (can't be seen in your chart) is an obvious possibility. In that case it probably would land slightly above $46
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bracken bracken
In that case it probably would land slightly above $46 ......in a daily close line
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Cruddest bracken
why would it go down to 46$ ?
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