WTI is bouncing off very strong support. The scenarios here is ether a one last steep rally to complete the expanded diagonal or work out a longer contracting diagonal. No confidence here as this is very speculative. Can perhaps continue to slide down though I do not have a scenario for that yet.
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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