Crude Oil's Third Wave: The Most Impulsive WaveCrude Oil FuturesNYMEX_DL:CL1!konhowCrude oil is likely moving into its third wave (Wave 3), which is the most impulsive wave in a cycle. We saw this with Nvidia, which is already well into its third wave, and the same goes for Gold. What were the fundamental stories or drivers that led Nvidia and Gold into their respective third waves? More importantly, what are the underlying fundamental reasons backing this potential third wave in crude oil? Micro WTI Crude Oil Futures and Options. Ticker: MCL Minimum fluctuation: 0.01 per barrel = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs https://www.tradingview.com/cme/