What happened in the overnight where the arrow is? If that V is what happened then it changes the wave count dramatically. A weird looking wave but hey this is commodities. It's frankly a much better explanation for the waves to the left. Either wave count it's a short. The only difference is that it will retrace rather than making a new high. Time will tell.
The only good thing here is that Elliott says we've got 100% chance of making money, just a question of how much :)
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