Looks like price is progressing along assessed evaluation from previous chart. I think we are in a C wave portion of a correction for Wave 2 on Crude Oil. Technicals on the 4 and 5 hour charts are bottoming out so may get a bounce here pretty quick.
Comment:
Wave C looks to be completed at least technically. May see another push down but put options looks to have sold off so expect this to continue up.
Trade closed: target reached
