VonDohln
5.2K posts













True or not oil goes to $70 🤷🏼♂️



I hold shares or leaps, nothing short dated. Fuckery is afoot. I would actually fully expect an "around the apex" type of move here to fully trick folks out of their oil longs. July is the forecast for "tank bottoms" in the US. I'm expecting some variation of the chart below, but ultimately...my silver/oil chart is telling me that 2+ years from now we will have $125-$250 oil MINIMUM. $500 oil is not out of the question unfortunately.












Not many details are know so far, but if what Trump "Truthed" a moment ago comes to fruition, then #WTI #Oil will gap down when the new week opens. That's clear as "korvspa" (sausage shovel) as we say where I come from. What that means is that we know what to expect next, but the longer view is still like fishing in troubled waters. At a first glance, it would obviously turn focus back to my short term more bearish count, with a closure of the start of war open gap as an expected target. It would make sense. However, I'd still not "count out" my main count just yet as while the current wave (2) would get invalidated at $88.659 the bullish triangle as such isn't until $80.583. It will all come down to if this new deal really will come to pass as right now it's only a MoU and the step from there to an actual deal may be larger than most realize. I stay really doubtful as I still don't believe that the deal needed is possible with the current IRI regime but on the plus side, after this no one can really question that all paths of diplomacy really was tested. Maybe it's just about that. Of course, I'm also a bit worried that Donny's age actually starts to leak through more and more and with that weakness gradually takes over and simply blurs his mind. Time will tell.
















