Everyone and their grandmother is bullish oil. We going DOWN.

Meanwhile consensus has been bear US and bull oil the entire year of 2023 - the oil bear market rally is coming to an end. I already think we have put in the major pivot high here for the next coming possible 2+ years. I look for a new local high here on the smaller timeframes between 89.85-90.90$ where I will enter a short. The overall targets is 20-40$ somewhere, probably lower range, but yet I won't stay in the short for that long, since we always will have some countertrend rallies. We should really start picking up some pace to the downside after the lower high is a fact. Expecting 20-40$ oil within 12-18 months probably, we will see :)