Oil needs to make v of 5 before we can say this phase of the correction is done as well as in the markets.
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This count is working, but market is now diverging from Oil. Oil making new lows while market is rallying. Market likely is close to or did place a short-term bottom
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Almost done wave 3
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in wave iv now. The 3rd wave was a lot deeper than I thought it would be
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wave v is almost done, a little more downside remains. Should bottom on Sunday night, Monday morning. The market will then be heading up as well.
