Crude / Products Update
Is the bottom in and are we done with a corrective pullback? Have a Fibonacci .38 as seen below. click to enlarge It's a maybe. Leaning toward NOT. See the previous post from May 19; Crude Topping? Potential diagonal 5th wave. HOWEVER Can it make new lows? Can't be by much if it does; if Crude had an equivalent percent move down from 114 as from 148 to 32 (78%) it targets 25. Please no a recommendation.