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adamiles

Inflation is over now time to deflate

Short
S&P Oil And Gas Exploration And Production Select Industry (SP:SPSIOP)  
adamiles  
SP:SPSIOP   S&P Oil And Gas Exploration And Production Select Industry
Trend Analysis Chart Patterns Fundamental Analysis Crude Oil WTI XOP deflation recession oilstocks
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trendanalysis chartpattern fundamental usoil xop deflation recession oilstocks
It all comes down to Newton’s third law “what goes up must come down”. With the pressure of the federal reserve and the U.S. government doing what they can to hedge inflation. Oil is well on its way to a downtrend the Sp oil and gas exploration index will follow suit. Rising wedge has broken likely next move is down.
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