Crude

Crude had a very narrow range day - just a $1.48 range. It put in a doji on the daily.

5 1/2 days and counting in this consolidation. The never ending (iv) wave. It has to make a move sooner or later.

We did get a little 5 wave advance off the 70.09 L. Maybe that's the start of something bigger.

Based on structure, I have no reason not to believe the break will be higher. Stay patient - the magic 8-ball says we should have range expansion tomorrow.