Brent should do last micro wave up to finish this prolonged corrective wave 4 up. Then we can see further dip down at least to previous low area.
Invalidation above 46.39.
Best!
Komen
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UPDATE. microwaves count worked perfect we had 4 and now we have 5 in progress. BUT - USOIL invalidated the count already. UKOIL was just 29 cents off the invalidation level (46.39) at today's high (46.10). I prepared the count for case of invalidation (as USOIL did). Anyway we should see good selloff abc down first as part of correction. Let's see how it goes!