I actually have two charts that I want to share with you for the future prices of oil.
The first chart is a weekly chart that was shared earlier showing the “Noise” zone for all of the OPEC turds saying Deal and No Deal. This Noise area represents that range between 43.5 and 49.5. Waiting for the close today is imperative but it is looking like we may get a big time range resolution today.
The second chart is WAY more important….
Check out this close of the Monthly Chart today.
It’s Hammer Time Baby. Shorts are about to get decimated over the next 3-6 Months here. Put it in the Drawer this thing is exploding higher. First stop is over $52 and if this happens it’s a straight shot to $60.