My best guess at the moment is that we are in the local uptrend despite all the news. Previous subwaves are way too complex and have to be part of something bigger like ending diagonal (on the chart) or triangle (entertained before).
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๐ energeiacharta.com
โฑ๏ธ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
๐๏ธ Extensive analysis archives
๐ Chartopedia, with examples of applying ElliottWave to real world charts
