As per my analysis, Crude's Resistances: 6272/3, 6333, 6499, 6549.
Medium Term View: Downside targets: 5933, 5843, 5789, 5766, 5752, 5699, 5640.
Now I expect some correction crude with supports 5938/33.
Retracement Levels: 5987, 6017, 6041, 6066, 6084, 6145(100%).
Reversal from any of these levels, 1st target is 5938.
Other targets are: 5890, 5859, 5811.
Long Term View: Below 5640, I expect 5556, 5274, 5098, 4976.
POSITIONAL CHARTS FOR REFERENCE AS PER MY PRESENT WAVE COUNTS, These wave sequence may be changed as per the market moves and if I find that my count is wrong.
Retracement Levels: 5987, 6017, 6041, 6066, 6084, 6145(100%).
Other targets are: 5890, 5859, 5811.
POSITIONAL CHARTS FOR REFERENCE AS PER MY PRESENT WAVE COUNTS, These wave sequence may be changed as per the market moves and if I find that my count is wrong.
