Crude Oil

Bearish Outlook :

The Crude’s trend remains down in third wave of Minuette-degree wave (v), through the determinate target at 38.29, where the wave iii equals 1.618 times the length of wave i.

With respect to this bearish count, the decline of wave (v) will ultimately draw the price below the August 24 low at 37.75.

Crude Oil - Intraday

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