Oil $140 by EOY... Its Possible
Using TA including Elliot waves , trends, and patterns I determined a basic path I expect oil to take by EOY. I also see stocks hitting ATH by EOY as well... Then down for both...
Yellow "future" bars are a copy and paste from the 2022 bars. They fit the price target and similar way I expect oil to follow.
The yellow lines are oils ABC fishing move before rocketing higher.. for some reason...Stay tuned I'm sure that "news" will reveal itself in time.
Maybe they need to push EV sales into Christmas.. Perfect incentive with spiking oil prices :)
Yellow "future" bars are a copy and paste from the 2022 bars. They fit the price target and similar way I expect oil to follow.
The yellow lines are oils ABC fishing move before rocketing higher.. for some reason...Stay tuned I'm sure that "news" will reveal itself in time.
Maybe they need to push EV sales into Christmas.. Perfect incentive with spiking oil prices :)
Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.