Light Crude Oil futures (CL1! WTI crude) - 5th wave Impulse CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! cyclewave Light Crude Oil futures ( CL1! ) is in 5th wave from bottom. It is in 5th of 5th wave up, after 4th wave running flat correction , which just over above internal 4th wave of 3rd wave and heading now for new high.