Crude Elliot Wave Analysis : Where is Resistance ????????

Dear All,
                        On Aug 1 We told you we will sdee levels of 7020 +++  kindly read ...http://abhaymehrotra.blogspot.in/2013/08/crude-oil-elliot-wave-analysis-more.html


Crude hit high of 7486.......... what next !!!!!

We were expecting major fall from 7020+++ levels ........but price action suggest that still some upside is left .......

We prefer wait and watch in crude for Short Trade ...

kindly chk chart !!!!!!!

Thanks & Regards

Abhay Mehrotra