CRUDE OIL COMPLETED THE FIVE WAVES UP AS WAVE ONE ON THE HIGH DEGREE(PRIMARY DEGREE) THEN FALLING DOWN BELOW $100 TO MAKE THE FIRST LEG OF CORRECTION AS WAVE A OR ALTERNATIVELY WAVE ONE OF A OF WAVE 2,HOWEVER OIL IN A REBOUND PHASE THAT MAY BE CONSLIDATING SIDEWAYS AS A TRIANGLE , OR IT COMPLETED AT $116(BREAKDOWN 92 A BIG CLUE THAT WAVE B IS IN PLACE) THEN ONE MORE PUSH DOWN TO COMPLETE WAVE C OF WAVE 2 OR MORE SELLING PRESSURE AHEAD AS WAVE THREE OF A OF WAVE 2
SO WE ARE SHOWING THE PICTURE BEFORE SOME SAYIN THE BIDEN‘S ADMINISTRATION ANNOUNCED A RECORD RELEASE OF 1.0 MILLION BARRELS PER DAY FROM THE STRATEGIC PETROLEUM RESERVE OVER THE NEXT SIX MONTHS AND THIS IS WILL PULL CRUDE PRICES DOWN
NOTICE, THE DOWNSIDE TARGET COULD HIT $82 OR MAY EXTEND TO 71 OR 63
BUT IF CRUDE OIL JUST ONLY IN THE FIRST LEG OF CORRECTION ANTICIPATE MORE DECLINE AHEAD IN RANGE OF 67-55
