Crude oil has been following the MM roadmap perfectly through 2021 and into 2022, the easy money appears behind us but the trends up and another 5-8% upside feels very possible. Brent Crude hasn’t traded above $US90/barrel since 2014 but with supply / demand pushing prices higher plus escalating worries around the Ukraine it still feels likely that dips will be bought – we still believe the stars are aligning for a spike high above $US100/barrel in the coming weeks / months.
MM is now mildly bullish crude oil looking for a potential test / break of $US100/barrel
Add To Hit List
