Crude

Here is todays crude action. Spent the whole day in a corrective. Looks like we had a nice ABC up for A followed by a B flat and it appears to be working on C. This C leg is really looking puny. I would not be surprised to see this trace out as a triangle. It appears that we have already seen 2 B wave triangles in this consolidation.






I'm not entirely confident in my subwaves for this leg down, but I am fairly confident this is a 4 wave. To what degree is the question. If I am right, crude should see another wave down to complete 3.