US Oil Update – 24th April, 2013

If price moves above 91.99 my main wave count would be invalidated. This is the alternate I would use.

However, if the main wave count is invalidated I would want to do further work on finding new alternates, to consider all possibilities. At this stage the chart below is the highest probability alternate I can see. I may have more for you next week.

Good luck!

Click on the chart below to enlarge.

Alternate Oil Wave Count.

US Oil daily alternate 2013