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cmpmcl
12 Th08 2016 08:42

Short term Elliott downside cycle, imminent wave 5 ... Giá xuống

Crude Oil FuturesNYMEX

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I think that wti short term down trend can resume soon with a reversal in the area of the rectangle in the chart (end of wave 4). Thus maybe wave 5 can complete the down cycle at about 36 (or above too, but at least 39 to a double min) before the main up trend can resume its way to the upside.
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tbuckle
seems like we are being short squeezed. why not 44.5?
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