From a technical stand point, It's always better to have a clear Elliot Wave cycle on top of a solide strong Cross-price Matrix setup. That is exactly the case we have with the Crude OIL.
This video analytics on the Crude OIL was published a few days ago in our members area, when the price of oil was still buttoming out. Ever since then, price have been reaching our first two secondary targets. In-fact, price had already covered about 50% of the expected move, which leave the rest of the 50% still available to grab !
This is kind of a second (and last) boarding call for those who are not already well positioned. Crossing over the 200 daily moving average just recently reinforced our bullish conviction. Check it out |