Financial Wave. CL

١٦ ديسمبر ٢٠٢٢

Our preferred scenario in CL is confirmed by the price action. We assumed a decrease in CL in the corrective wave (b). The down move looks complete or nearly complete, with wave (c) up to $79.87 most likely. For our scenario, the critical level is $72.37. A price drop below $72.37 will break our markup and change our view.