WTI Crude Oil: Is a New Super-Cycle About to Ignite?WTI may be approaching one of its most important turning points in years. The long correction from the 2022 high appears complete, and multiple technical frameworks now align to signal a potential new bullish cycle.
Price remains supported on the 3/1 Gann angle on the monthly chart. A monthly close above $70 opens the first breakout phase, while a break above $130 would confirm a new multi-year advance. Gann cycle timing highlights 2027, 2029, and 2031 as major future peak windows.
The weekly trend remains firm above the $55.15 structural low, reinforcing the April 2025 cycle bottom. Elliott Wave counts show a clean 5-wave rally into 2022, followed by an ABC correction into 2025, which strongly suggests the market has reset.
If momentum builds, WTI could target new all-time highs, with potential to stretch toward the $200 region in the next major cycle.
Vital Direction sees oil entering a phase where long-term opportunity may outweigh risk, with breakout levels clearly defined.
