Note: It is obvious crude oil may explode north if war breaks out or any other reasons that cause a big demand for the commodity.
Breaking and sustain trading above $70/bbl may damage the downtrend forecast.
Most probably we have seen a major historical top of
the Dow at 27000 area.From this top and for years to
come the trend may set down to below 10000.
Only smashing and sustain trading above the all time top
for few weeks change the scenario and the
market may resume the historical uptrend.