Following on with the Bearish Count it looks like we WTI Crude is still continuing down with the Wave 3 (Circled).
It looks like the lower trendline will be broken as this Wave 3 down continues.
You should read this report to get a better understanding of what might be going on with US Oil.
Crude Oil Wave 3 down continues (Elliott Wave Analysis) 20th June 2017
I will update further as this market progresses.
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