Crude Oil

Sideways Outlook :

Crude Oil has been moving in sideways during the September. An upward push will morph the advance since the August low into three waves, that will lead to unfold Minuette- degree three waves in sideways, as the Minute fourth-wave which remains in progress.

A decline exceeding the 37.75, the August 24 spike low, would indicate an attempt at achieving a significant extreme. (Bearish outlook on the 2nd chart)

Crude Oil - WeeklyCrude Oil - Weekly1

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