Oil prediction

2022年7月23日

Saw a post that mentions the high probability of profit from shorting to mid 80s. I think its spot on. However anything could happen and we could see a breakout to 110s. I think, based off past cycles.. we will see a drop to 80s then a painful melt up to 190 over 1.5 years. Past cycles usually end with a 190% gain from the highest point of said cycle which is how I get 190.

Short term (Now until Fall 2022): Short

-Watch for signal until jan 2023

Prediction
Long term (2023 - 2024): Long