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25 Sep 2020 ‚óŹ 07:26 AM

Oil was the first commodity to complete wave 2 down, and therefore it did not fall much in the recent correction and is in fact advancing in what could end up looking like an impulsive wave once we take out the minor wave iii high of 41.50. That would confirm that a larger wave 3 has indeed started in oil and we are headed above the high of 43.78.

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