Daily Chart Crude Oil Crash Review

So far oil has performed as I had hoped, with a spike being formed today.  It’s not a long spike as I would like to see oil hit $50 and the analysts making very bearish forecasts.

Analysts are giving mixed signals which usually can send oil soaring once more. I have made a one-degree change which brings the entire bullish cycle that started in 2016 closer to another “A” wave in Primary degree.

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