So you think we fall from this area after a 7 million draw down (api) to 47-48 and then back up to 50-51 - is that correct?
matt.sulli42
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What I think is that 1) oil is trending up 2) fourth wave will be sharp as opposed to profit-taking, and that it will happen around the .236-.318 of waves2-3 3)yes it could reach over 50-51 but right now i see around 49.4 wave 5 completion (at the least)