Crude Oil is likely to find resistance near 4500 - 4520
As shown in the chart it is currently trading in a downward sloping channel.
Till the time it is trading below 4620 there is a good chance we can achieve a target of 4100
BIGGER PICTURE OF CRUDE OIL ---- AS PER ELLIOT WAVE
Crude oil has been in corrective mode since July 2008.
I had 4 hurdles for crude oil to breach itself to go towards its life time peak...By the time I m posting this...its already through with the 3rd hurdle...
If crude oil unfolds into motive wave sequence(1-2-3-4-5) and also breaches key level for...