#Oil = Yearly Analysis = 01.01.2023 #WTI #commodities #usoil #CL $CL $WTI #oilandgas $oil #fintwit #oott #crudeoil

The main message from the yearly closure is that oil continues to follow this long term forecast and there has been no signal which would alter this path for now.

Those who followed our big call on June 4, 2022 (just before the top), would have made about 33% on non-leveraged instruments by now.

In this yearly overview we will:
– evaluate technical indicators, candles, and recent events on various frames;
– discuss the long and mid term forecasts made with Elliott Waves.

In December, InvestingAngles introduced daily reports on oil and we plan to maintain them among our regular features. Are you with us?

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.

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Bonds/Yield Yearly Analysis – December 31st (free, no subscription):

Natural Gas Yearly Analysis – December 31st:

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Previous Oil Weekly Analysis – December 25th:

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