Crude

Crude finished down in a pretty lackluster session. Range was a smallish $1.51, while volume expanded from yesterday, but still below average.

Not much has change with this market. My view is that we are still in the process of tracing sub-minuette iv of v of minuette (c) of minute [c].

Price action was choppy with overlap, confirming that we are still correcting the move down.

I am hoping that we can have a normal last wave down. There is always the chance that we truncate, which is fine, as long as is it easily recognizable.

Not much to add tonight folks. Just be patient and let structure unfold.