Crude
is favored ended correcting the cycle up from the 12/24/2018
lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.66 where the hourly is turning
down. While a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.