NYMEX:CL1!   Light Crude Oil Futures
Just looking at the chart published in February, and we can see that 78$s is the next target.

I don't see 78$s holding and we should go to 100 bucks---which would mean the reset is a given.

Reports from the periphery of financial distress and entrenching poverty; which will be exacerbated by higher oil prices as the months go on.




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.