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Short term Elliott downside cycle, imminent wave 5 ...

Short term Elliott downside cycle, imminent wave 5 ...

I think that wti short term down trend can resume soon with a reversal in the area of the rectangle in the chart (end of wave 4). Thus maybe wave 5 can complete the down cycle at about 36 (or above too, but at least 39 to a double min ) before the main up trend can resume its way to the upside.