USOIL Could Possibly Be At a Critical Condition

From my analysis using the Elliot Wave I have 2 cycles on the go. Within my primary cycle I have an extended of an extended wave 5, because of this structure the probability of an Orthodox top Correction (irregular) is very high. As you can see Waves A & B are complete on the primary cycle Wave C is about to begin. Wave C of this sort of structure has been depicted to be very fast moving and aggressive towards the downside. The Great Crash of Wall Street happened in this same manner on July 1932

Please be very cautious trading oil during these unpredictable and certain times.

Christian Machina
Blase Exchange