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NEOVASC INC, CHESAPEAKE ENERGY CORP, RENNOVA HEALTH, INC., SPDR S&P 500, MICRON TECHNOLOGY INC, GENERAL ELECTRIC COMPANY
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Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Heading towards 70
The correction seems complex and an impulsive wave has yet to come.
Brent most probably is moving in an ending diagonal heading back to double top at $63 to complete the fourth wave then it will be heading down to make a double bottom around $45
Taking off retracement tool :)
If it drops again below 52, then wave will most probably be over and a new wave is in progress initially targeting $38.
A bounce back is on the way targeting around 56.70 .
Elliott wave trial to find out where Brent is heading to.
Brent oil has retraced from its bottom at 67.5 to 73 in a clear 5 waves. Now it seems is in a flat correction. Once completed it will be heading towards 77.5 either as wave 3 or wave C.