Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
Apple, Advanced Micro Devices Inc, Amazon Com Inc, Tesla, Inc, Netflix, Inc, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Wave count suggests that crude is likely to witness a wave B bounce and then a wave C correction.
A clear 5 wave down move in progress. as I have mentioned earlier 66.60 is a key level. Make or break.
I believe crude is in a corrective rally, with one more leg down pending. There's a bearish flag in the making.
Crude is at yet another exciting juncture with 66.60 set to play a pivotal role. The possibilities are indicated in the chart.
Wedge and channel break downs. 72.20/30 is the next support. If that's taken down I expect crude to test 68-69.
A series of 1-2 waves in crude oil unfolding. Expect a wave 2 pullback to 68 followed by wave 3 taking crude to newer 3 year highs.