We bottomed at the gap fill at $57, a long term target I had been expecting. A bullish retest at the golden pocket followed, now all we need is a clean break above $80 to end the lower high downtrend. I don't want to comment on politics, but suffice to say the price of oil will tell us what's really going on. A supply shock has the potential to send oil to the $200 level. I don't know what the world will look like in that scenario, but I can assure you it will be a global catastrophe. Inflation will reignite, the interest rates will likely go up.
This is the single most important chart to be watching now. Forget Apple, forget Nvidia. Oil and the DXY is where the chart will reveal the news. Pay attention!
This is the single most important chart to be watching now. Forget Apple, forget Nvidia. Oil and the DXY is where the chart will reveal the news. Pay attention!
Trade active
Tulsi changed her tune, took the long Friday. Tight stop lossTrade closed: stop reached
Took a small loss, trade was stopped out. 
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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.