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cryptcowboy

#OIL Daily chart update. 12/16/19 8:55 pm EST

Short
E-mini Light Crude Oil Futures (NYMEX_MINI:QM1!)  
cryptcowboy  
NYMEX_MINI:QM1!   E-mini Light Crude Oil Futures
Chart Patterns Wave Analysis Elliott Wave
5
0
chartpattern waveanalysis elliottwaves
Oil has reached .786 of wave X thru some corrective, overlapping structures. I like the opportunity it provides here , using wave X high as risk control. If this is indeed a wave B , a C wave decline should start not far from current levels.
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