Elliott Wave Analysis: WTI Crude Oil (Cl) 5‑Swing Rally from July Low Favors Extension

Wait 5 sec.

The short-term Elliott Wave outlook in WTI Crude Oil (CL) presents a well-defined impulsive rally from the July 2, 2026 low, with prospects for continued strength. From that low, wave 1 advanced to $76.08, followed by a corrective decline in wave 2 that ended at $70.77. The market then surged in wave 3, reaching $85.39, […]The post Elliott Wave Analysis: WTI Crude Oil (Cl) 5‑Swing Rally from July Low Favors Extension appeared first on ActionForex.