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OIL Future Outlook
CFDs on WTI Crude Oil
Long
OIL Future Outlook
By trevf98
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Nov 14
1
Nov 14
Have you seen Oil?
What are your thoughts?
Here is what I am seeing...
Oil has a bullish flag forming, with a ton of bullish momentum trapped.
I expect a massive upward explosion once the bullish momentum is released.
Lower interest rates, inflation, and increased demand for oil.
$55 - $58 should be the bottom in 2026.
From there, I expect oil to reach $100
or higher
.
For now
, I expect choppy seas as price settles to the bottom.
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trevf98
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