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Light Crude Oil Futures
Short

Energy will drop below December lows

150
Crude Oil CL and energy stocks can expect a drop now below the December 2023 lows to get the final leg down to finish the year-long correction since 2022. This is confirmed by XOM in the monthly chart which shows that the long-term correction is not yet done.
TraderBwater
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Elliott WaveWave Analysis

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Elliott WaveWave Analysis
TraderBwater
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.