Crude

Crude finished down on low volume. Range was a very smallish $1.54 (31 ES handles).

They call these consolidation days.

Not a whole lot to report about. It appears that we are working a complex corrective for minuette (b). 5 waves down should complete micro [Y] .

Even though today was very small for crude action, there were still .30 - .40 moves all day. It was very tradable.

If my interpretation of structure is correct, we should finish up (b) sometime tomorrow. (c) up is next.

The bigger picture should clear soon as well.