Crude oil futures - CL - EW analysis - Correction down CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! cyclewave Crude oil futures - CL - It is within corrective cycle after impulse cycle finished started from November low. It may either unfold as ABC flat or WXY complex correction. In both cases sell on bounce for at least one down cycle in 30 min time frame for target around 46 or lower level. Give thumbs up if you really like the trade idea.