A rather long long on USOIL by Elliot wave analysis...

Apr 23, 2018

I know this goes fairly far into the future, and it's my first time drawing much on charts here to be honest, but this is a representation of an e-wave analysis I performed in a platform I often use. Any feedback is welcome and we'll see if things pan out this way. USOIL around 70.20 by the 11th of May (18 days out). Also, if this pattern does pan out, some time around Friday the 27th of this month will be crucial to whether the price continues above or below about 68.34

Apr 23, 2018

Note

imgur.com/a/JjukNpn
I think this may be today's high, or one of them. Sold off my 9 bought lower for a 9,400 dollar profit or so (Not to brag, it's just paper trading ;) ) Thanks for the gentleman who gave me input on how this kind of t/a isn't very useful for futures like this though.