Crudeoilwti
Crude Oil Elliot Wave IdeaPossibly already completed wave 1 from yesterdays bottom and now in the correction of that wave 1.
Could be in wave 4 of C now to .382 of wave 3 of C to 5773, before wave 5 of C to 1.618 of wave 4 of C to 5754. Wave 3 up next (not plotted those waves yet).
Long at 5745 and 5788.
Crude Oil Elliot Wave Idea (Alternative) - Update5Crude pulled back to 0.618 as per previous chart and now possibly starting wave 3 of 5 to around 5820 (1.618 of wave 1).
Wave 4 pull back 0.382 of wave 3 to 5726.
Wave 5 extend 1.618 of wave 4 to 5976 which is also 1.618 of the larger wave 4 (5788/5483).