It is possible that the price of USOIL will once again reach $ 20 or less.
This analysis is based on Elliott waves.
Wave 1 is over and the market is in Wave 2 (blue)
Wave a and wave b are over and the market is in wave c(yellow).
Waves 1.2.3, Wave c is over and the market is at wave 4 and wave 5 has not started(green).
At Wave 5, the market is down and will move to $ 20 or less.
After Wave 2, Wave 3 begins and US oil prices rise for years to come.
This analysis is based on Elliott waves.
Wave 1 is over and the market is in Wave 2 (blue)
Wave a and wave b are over and the market is in wave c(yellow).
Waves 1.2.3, Wave c is over and the market is at wave 4 and wave 5 has not started(green).
At Wave 5, the market is down and will move to $ 20 or less.
After Wave 2, Wave 3 begins and US oil prices rise for years to come.