Oil has possibly completed an ending diagonal as I alerted on May 12th. If this is the case, expect a pullback to $93, or 20% off the top. Possible target – $79 or 31% off.
A bigger picture and a 2022-2024 forecast was discussed in the weekly reports:
https://investingangles.com/2022/05/15/oil-weekly-analysis-15-05-2022-wti-energy-commodities-usoil-cl1/
Latest Weekly Analyses:
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