Crude Oil (WTI) Bearish Elliott Pattern CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! jsaettele Crude tanked today in what I’m viewing as the beginning of wave C within an A-B-C decline from the March high. Weakness from the March high would consist of 2 equal waves near the January high at 53.93. Low 59.00s is a possible bounce level. For more analysis and ideas, visit https://scandinavianmarkets.com/news/ .