US Oil Weekly

Elliot wave followers, pitchfork followers and all traders please give views -- Your feedback will help me a lot in learning --

The schiff fork lower median line support is around $38 from which zone crude did see some buying support.
Last fall looks an impulse and hence marked C wave, which could be the end of higher degree Wave 2. Divergence in RSI. Closing above $50 could be first sign of strength.

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