1. In this video I've focused on momentum indicators to show a massive divergence building with every higher high in the price of oil.
2. I also showed a longterm trend line providing immediate resistance
3. Lastly, I used cycle analysis to predict a major swing low ~ 8 weeks from now
TAKEAWAY: 3 independent forms of technical analysis giving the same outcome that oil peaks right now. This is complementing my fundamental view that inflation has peaked; aka oil has peaked.
Thank you and feel free to leave your constructive feedback
2. I also showed a longterm trend line providing immediate resistance
3. Lastly, I used cycle analysis to predict a major swing low ~ 8 weeks from now
TAKEAWAY: 3 independent forms of technical analysis giving the same outcome that oil peaks right now. This is complementing my fundamental view that inflation has peaked; aka oil has peaked.
Thank you and feel free to leave your constructive feedback
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.
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.