WTI might be in the final stages of the 1st leg down from the highs BUT this mornings move up off the lows doesn't look like a reversal and has all the characteristics of a correction.
June minute chart
click to enlargeChoppy sideways action , overlaps etc., in fact it has yet to exceed the .382 retrace on the last complete minuet wave count down.
June 30 min.
Again there is a potential for a -3- of 3 expansion so patience with calling it over and a view to the 65/66 support area is in order.