AriasWave

USOIL - Wave Revision - Oil Has Not Bottomed

TVC:USOIL   CFD sur Pétrole brut WTI
In fact far from bottomed USOIL has much further to fall if this latest AriasWave analysis is anything to go by.

We are still working within Wave B of an unfolding Zig Zag.

The Wave B of Wave (B) of Wave B expanded below the zero point. This thing is no where near done falling into negative territory.

This new analysis further supports what is happening in other markets.

I will post an idea on the current Wave C shortly.

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