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Crude Oil Falling From Its Lofty Perch

Published 06/27/2022, 12:27 AM
Updated 07/09/2023, 06:31 AM

Check out how crude oil has failed its triangle breakout and is now neatly beneath a price gap. I’d say the rest of 2022 will be, on the whole, lower for energy prices……..in sharp contrast to what, oh, every other human on the planet is contending, particularly the good chaps at investment banks.

Crude Oil Chart

And I’d even go so far as to say that energy could be weak for many months to come.

Crude Oil Chart

Latest comments

Nice graph lol
ohh, just another nimrod loser than needs a pretty and useless chart, omg, barf
thank you sir for your analysis
I'm sure it favors you
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