Light Crude Oil futures (CL1! WTI crude) - Updated EW count CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! cyclewave Light Crude Oil futures ( CL1! ) is about to end 5th wave. As shown in previous update that CL is in 5th of 5th wave, after 4th wave ended in triangle. If we consider that 5th wave will not extend further than, the reversal will be very sharp as a consequence of 4th triangle wave. Next price action will tell about the story.