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TheDemonTrader

Daily Wave Count for Crude Oil

Short
Light Crude Oil Futures (NYMEX:CL1!)  
TheDemonTrader Updated   
NYMEX:CL1!   Light Crude Oil Futures
Fibonacci Elliott Wave Crude Oil crudeoilwti
6
3
fibonacci elliottwaves crudeoil crudeoilwti
The red arrow is the next target, I believe. The long term target, I have posted it at the "Monthly Wave Count for Crude Oil" analysis below.

These are just probabilities. It might go higher/lower than I've forecasted.
Comment:
There is alternate bullish count for Crude Oil instead of the bearish count that I'm biased with. It will prevail only if price breaks 72.83.
Comment:
Invalidation point HIT! I'll reassess my count soon.

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Monthly Wave Count for Crude Oil (extended count)
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