2100 cst july 24 2022 the alternative hypothesis is that we are currently seeing the last of the 80-day cycle complete this week for which that will probably mean a bounce later in the week and it's possible that it could break through the weekly lows. But I doubt it. Oil professionals have an exorbitant amount of energy they could provide here to the upside and it can go right thru the previous 4 months range like whoa...because thats what it does to ranges like the one we see here.. the measured move down is over
Commodities moving higher this week: crude oil
2100 cst Jul 26th Im calling it quits on Oil here. Let it flop around!
2100 cst july 24 2022 the alternative hypothesis is that we are currently seeing the last of the 80-day cycle complete this week for which that will probably mean a bounce later in the week and it's possible that it could break through the weekly lows. But I doubt it. Oil professionals have an exorbitant amount of energy they could provide here to the upside and it can go right thru the previous 4 months range like whoa...because thats what it does to ranges like the one we see here.. the measured move down is over