MORNING UPDATE - Trying to complete this C of 2.

Not much to update. Last night was, as expected, time to consolidate and for traders to look for clues this C of wave 2 has bottom. Have we bottomed? It's unlikely as this structure would look more complete with one more low (OML).

We're looking for price to breach $106 for our first clue.

I'll update tonight.


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IMPORTANT NOTE: If we now take out $111, DO NOT SELL EVEN FOR A TRADE. This will move to the upside fast, and with little retraces. YOU'VE BEEN WARNED.
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Best to All,

Chris