HomeContributorsTechnical AnalysisCrude Oil Finds Temporary Top: Elliott Wave Analysis

Crude Oil Finds Temporary Top: Elliott Wave Analysis

Crude is sharply down in the 4-hour chart after reaching 100 level for the 5th wave, so smells like a temporary top and we will now have to be aware now of a bigger, higher degree slow down, especially if the price drops back below 87.55 level.

Crude oil 4h Elliott Wave analysis

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

Featured Analysis

Learn Forex Trading