When everyone expects a higher oil, this chart shows that it will have a surprise to the downside with a target around mid 30. Unbelievabe!
How can that be? Well, a depression like 1929 to1932 will do the work. Let's wait for the trendline break at 68 first to confirm the top in.
It seems XOI topped.
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"Chart and Compass come from Thee"
