#Oil = Weekly Analysis + Long Term Forecast = 09.04.2022 #WTI #energy #commodities $usoil #CL1!

#Oil is at an inflection point. If it moves a little lower, it would open a door to much lower prices. However, regardless of the size of pullback, the yearly candles signal a bright future.

Today we will discuss:
– very long and short term targets from the Elliott Wave perspective (2022-2024);
– weekly and daily candles and TA.

This post is part of the Weekly Analyses series that @InvestingAngles offers to followers and subscribers. The series covers the US and global major indices; VIX, DXY, commodities and miners, crypto, and some large cap stocks.

The latest quarterly review and long term forecast:
https://investingangles.com/2022/04/02/oil-quarterly-review-long-term-forecast-02-04-2022-wti-energy-commodities-usoil-cl1/

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