Idiot

US Oil Weekly

FX:USOIL   Crude Oil (WTI)
46 2 3
Elliot wave followers, pitchfork followers and all traders please give views -- Your feedback will help me a lot in learning --

The schiff fork lower median line support is around $38 from which zone crude did see some buying support.
Last fall looks an impulse and hence marked C wave, which could be the end of higher degree Wave 2. Divergence in RSI . Closing above $50 could be first sign of strength.

Related Ideas

Here is my weekly set up. we have many pitchforks here, creating résistances and suppots in pink, short
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