It is possible that the price of USOIL will once again reach $ 20 or less. This analysis is based on Elliott waves. Wave 1 is over and the market is in Wave 2 (blue) Wave a and wave b are over and the market is in wave c(yellow). Waves 1.2.3, Wave c is over and the market is at wave 4 and wave 5 has not started(green). At Wave 5, the market is down and will move to $ 20 or less. After Wave 2, Wave 3 begins and US oil prices rise for years to come.