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VulcanoRosso
Mar 27, 2022 6:12 PM

Crude Oil Long Term Outlook  Long

WTI CRUDE OILTVC

Description

looking for a deeper correction by 2024 , then new record highs .

Trade active

Comments
illuminating_trade
Totally agree
SPHMN
Thoughts on range to start accumulating Crude? @VulcanoRosso
SPHMN
What do you think could lead to Crude oil correcting that much?
VulcanoRosso
@SPHMN, i don't expect energy prices go down soon. but economic growth will slow down and markets could crash again. demand will fall (2023-2024) then rise agressively again. maybe it won't go that deep. we'll see.
tfinavia
@VulcanoRosso, Dear sir, any insight on natural gas? Upward price trend has started but I'm not sure how far it can go given that the monthly has a negative div on the RSI.
VulcanoRosso
@tfinavia,


maybe it will revisit the bottom if recession hits in 2023 or in 2024 idk.
tfinavia
@VulcanoRosso, Thank you for the insight friend.
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