Oil – decline
Cash (or spot) WTI crude oil contract. Pepperstone: Spotcrud
2-Hour Negative Divergence, Trendline Resistance, 2.618 Fib of Wave 1 – Supposed to be heading towards a pullback. The pressure can top in an instant.
A move just below wave 4 is the minimum target. It can trend down until the top of wave 1.
