$XOM $BP = Mid Term Forecast = 19.06.2022 #oil #energy #commodities $WTI $Oil #XOM #BP @markets @CNBC @wsjmarkets

$BP seems to have completed my favorite structure – an Ending Diagonal. Target area for retrace: $19-14 or 45-60% off the recent top. Note that falling to $9 would not be a huge surprise given the current wave structure in blue.

Having this and the most recent developments in #oil in mind, one might be interested in the perspectives for $XOM.

Oil Weekly Analysis:

Exxon Mobile Mid Term Forecast – premium content.

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