Crude Oil, War, Inflation, Pump.... not the asset we like to see at high prices, unless off course you are Saudi, Russian or own it.
Earlier this year we had calculated the last correction and then the perfect time to buy:
At this stage we see a correction inbound. Hopefully this chart could mean that Russia and Ukraine work something out.. we doubt it but you never know.
In any case: Oil probably ready to go back down a few dollars for now.