Market Structure Research — Not Predictions

Independent, educational analysis using Elliott Wave structure, time-based corrections, and trend context across global markets.

Sunday, 26 January 2020

Crude: Are we nearing bottom? 26-Jan-2020


CMP: 54.38; Sup: 53.85; Res: 55.95/59.65/65.65
Crude has done min tgt on the downside at 53.85.

As of now still some down side left but we are at the tail end.
If 55.55 resists, we can retest 53.85 and further 53.41, 52-51.38 as extension.

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