USOIL updated, short target perfect, now long to 43.10

Updated
Last week, the target reached, we closed short at 37.50, and placed long orders at 37.46 and 36.80, always respecting 36.60 and that the SP500 at the daily close did not lose 3300.

The two long orders are in. We are still under the influence of the MA200. After falling in (3), the retracement of (4) was attracted by the MA and the wave failed once more, too high.

It is now trying to do (5) with high indecision candles, with as much bullish as bearish force.

Now I should do ABC, with an abnormally large (A), trying to get to the MA, to finally end up in our last target: 43.10.


La semana pasada objetivo conseguido, cerramos corto en 37.50, y poníamos orden de largo en 37.46 y en 36.80, siempre respetando 36.60 y que el SP500 al cierre diario no perdiese 3300.

Han entrado los dos largos. Seguimos bajo la influencia de la MA200. Tras caer en (3), el retroceso de (4) fue atraído por la media y la onda falló una vez más.

Ahora está intentando hacer (5) con velas de gran indecisión, con tanta fuerza alcista como bajista.

Ahora debería hacer ABC, con una (A) anormalmente grande, intentando llegar a la media, para finalmente terminar en nuestro último target: 43.10.
Note
first push in 5 waves done. Now support on the MA, probably ridiculous retracement, and still up to 43.10
Elliott WaveTrend AnalysisCrude Oil WTIVolume

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