Crude Oil Falling From Its Lofty Perch

2022.06.27 07:51

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 to come.

Crude Oil Chart

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