Update on recent ideas:
Oil is near the 1:1 extension of wave 5 in wave C, may bounce from here as there appears to be bullish divergence.
Lower level at $51,18 is the 1:1 extension for wave C.
Oil is near the 1:1 extension of wave 5 in wave C, may bounce from here as there appears to be bullish divergence.
Lower level at $51,18 is the 1:1 extension for wave C.