#Oil = Weekly Analysis + Long Term Forecast = 10.09.2022 #WTI #energy #commodities #usoil #CL1! @markets @cnbc @marketwatch @ft @seekingalpha #oilandgas $oil

Despite the rally in the last two days, oil was not able to close the week with bullish odds. The Double Top pattern called on August 1st remains in effect and today we will discuss the perspectives from different angles.

Our subscribers enjoyed the big bear call on gold in March…

Those subscribed to our service since 2021 have benefited from this Bitcoin call in November…

A few loyal, very long term customers knew that GDX miner was not a healthy investment since November 2020…

The list goes on an on.

In the middle of August I outlined that OIL “…is technically in the same conditions as in August 2008. Believe it or not, but the commodity is likely to go down. Swiftly.”

In this overview I will traditionally discuss the candle formations on various time frames, evaluate the corresponding technical events from the statistical perspective and provide the short- and long-term forecasts using Elliott Waves.

This post is part of the @InvestingAngles Series that covers the US and global major indices; commodities and miners, bonds and volatility, crypto and currencies, and some large cap stocks.

Previous Analysis:
https://investingangles.com/2022/08/31/oil-monthly-analysis-long-term-forecast-31-08-2022-wti-energy-commodities-usoil-cl1-markets-cnbc-marketwatch-ft-seekingalpha-oilandgas-oil/

The following section is available for the subscribers only and it’s never late to join the club.
https://investingangles.com/subscription/

Join us on Telegram: https://t.me/InvestingAngles

Premium Content

Read more of this content when you subscribe today.

You follow @InvestingAngles – we offer the best forecasts!

Weekly Reports:
SP500 + Global

Nasdaq
Russell2000
NIFTY
Volatility
DXY
TSLA
MSFT
NVDA
Bitcoin
Oil and Natural Gas
Silver, Gold, and GDX

and other…follow the link below

One thought on “#Oil = Weekly Analysis + Long Term Forecast = 10.09.2022 #WTI #energy #commodities #usoil #CL1! @markets @cnbc @marketwatch @ft @seekingalpha #oilandgas $oil

Comments are closed.

%d bloggers like this: