sngyuchao

Crude oil short: Compounded 3rd wave

NYMEX:CL1!   경질 원유 선물 (Light Crude Oil Futures)
It is my belief that crude oil will crash very soon. Here are the reasons in reference to my chart:
1. Price has toyed with the resistance zone multiple times and getting more frequent (violates it once).
2. My wave counting suggesting a potential compounded crash.
3. My general analysis of the broader markets (equities, crypto, precious metals) suggesting that broad liquidation is going to come soon (link of ideas below).

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