Here’s the screen shot of the weekly video where I talk about likely moves for oil. Notice that one of them is notably lower.
Where you’re most apt to “lose it” and not keep your head about you is in waves C and 2. So, knowing that, you should have the opposite view. Being most excited about its future because what comes after wave C’s? Wave 1 rallies and the entire 1-5 uptrend. What comes after wave 2’s? Massive wave 3 rallies, etc.
Don’t get fixated on what it’s doing or what it’s done. Focus on where it should be going over time. It’s a realignment of the focus and setting expectations properly.
Glad I could be of help.