Crude

I just don't have a whole lot to say about the crude market, except that it continues its corrective from the past couple of days.

Off the 81.06 H, it appears to me to be a zigzag-x-flat combination.

You could make a good argument for a [B] wave triangle, with the 80.48 H completing an (E) leg. The leg off that high does look "thrusty." Those of you with a good eye should easily be able to spot the triangle form.

The bigger daily picture is still unclear as well. Has the corrective finished? Don't have enough information at this point to make that determination.

The move off the 79.34 L does not appear impulsive - go figure.

I do believe that all this mess does eventually get resolved to the upside.

Not much help here tonight folks.