The bear case in SP500 looks much more solid than in USOIL. Here the price action looks anemic, struggling at resistance formed by falling trendline, the shape of the ending diagonal looks complete and the index ready for new lows.
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đ energeiacharta.com
â±ïž Timely updates of WTI, Gasoil, NatGas charts explaining every twist
đïž Extensive analysis archives
đ Chartopedia, with examples of applying ElliottWave to real world charts