If this idea is correct, then we shall see:
1. Oil should reach its peak within the triangle on 6/27
2. This triangle becomes the first wave (i) up and then oil should reach its corrective wave (ii) bottom during the 6/30 early off hours trading
3. Oil could stage a sharp rally on Friday 6/30 during normal trading hours
1. Oil should reach its peak within the triangle on 6/27
2. This triangle becomes the first wave (i) up and then oil should reach its corrective wave (ii) bottom during the 6/30 early off hours trading
3. Oil could stage a sharp rally on Friday 6/30 during normal trading hours
