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Michael.PPTF

CL looks like it's going to move down again.

Short
Crude Oil Futures (Jun 2016) (NYMEX:CLM2016)  
Michael.PPTF  
NYMEX:CLM2016   Crude Oil Futures (Jun 2016)
crudeoilwti crude
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crudeoilwti crude
My wave count suggest that we are currently in the 5th wave down. Now it looks like CL is ready to have another impulsive wave down to complete the 1st wave of the 5th larger wave. If this bad boy goes down the toilet again, I will look to financials and IWM for shorts.

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Michael.PPTF
NFLX heavy resistance
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