Crude oil - as expected decline has stretched to the green target box
Crude has arrived to the lower green target box I showed in my previous update. Yesterday I wrote:
“A the moment I see two high probability bottoming zone for this move down: 43.40 – 43.00 and 42-41.80. If you decide to take it and go long please play small. That is a not great setup in a sense that you play for a corrective wave b. And wave b may get super shallow.”