New lows under 76.56 and WTI is likely in a 3 wave of some degree, it's a little early to label.
Check out that 76.56 level on the way up.
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- Guy W Bishop
- I have been applying Elliott Wave Theory to energy markets as a broker and as a trader for commercial entities since 1983. This blog is merely my personal musings on various wave structure's and NOT any kind of trading recommendation or suggestion.
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