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Weekly Wave Count for CL1!
CL1!
, 1W
Long
CL1!: Weekly Wave Count for CL1!

We should be in the last leg of wave C of Wave 4. 71.24 can be the first target because that is where Wave A = Wave C (1:1). It can exceed 71.24 but don't have high hope it will cross 74.95 because that is the end of Wave 1 of the BIG wave C. Base on Elliott's rule, Wave 4 shouldn't overlap Wave 1. Even there is exception for futures, the overlap shouldn't be...

Possible Wave Count for Soybean Oil Monthly Chart
BO1!
, 1M
Short
BO1!: Possible Wave Count for Soybean Oil Monthly Chart

BO1! is in correction wave mode. Should be going down. Any retracement to significant resistance level is an opportunity to sell. Feel free to comment if you have different wave count than mine. Thanks.

FCPO short term target
FCPO1!
, 15
Long
FCPO1!: FCPO short term target
Updated 

Wave 3 achieved the 2.618 target. Wave 5 possible to peak at 2575 area.

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