IWM, SPX, Crude all looking "toppy" to me. Wouldn't be surprised to see an initial pop in crude on Sunday night into Monday morning, but top is close in my opinion. Ideally would love to see a lower high on money flow before entering a position.
I have been convinced that the recent run in oil was an expanded flat for wave iv of 3. Although the recent move off the bottom conforms well to the .382 of the previous wave. Maybe we just completed wave 4? Either way I think we are due for a pullback here