OIL 20 YEAR VIEW BY DANIEL BRUNO, CHARTERED MARKET TECHNICIAN

AMAZING TO SEE A CHART THAT COVERS THE SPAN OF MY ENTIRE CAREER

REMEMBER "PEAK OIL"? CHALMERS JOHNSON AND MICHAEL RUPPERT, RIP

FRACKING AND TAR SANDS AND ARCTIC DRILLING AS THE POLAR CAP MELTS...SPEEDING UP CLIMATE CHANGE.

IF THE OCEAN'S METHANE CLATHRATE IS RELEASED INTO THE ATMOSPHERE, IT WILL BE ALL SHE WROTE...

FOSSIL FUELS ARE MISNAMED. THEY ARE NOT THE STUFF OF BYGONE PLANTS AND ANIMALS. HYDROCARBONS ARE PRODUCED BY GEOLOGICAL PROCESSES. SATURN'S MOON TITAN HAS MORE OIL AND GAS THAN THE EARTH.

OBSERVE THE WAVE 3 PRICE EXPLOSION AS THE USA INVADED IRAQ ON FALSE PRETENSES IN MARCH 2003

THE 2008 CRASH FROM 145 TO 33...

THE 2014 CRASH ENGINEERED TO SABOTAGE THE ECONOMIES OF RUSSIA, VENEZUELA

BOTTOMING OUT AT 27 IN A QUESTIONABLE WAVE C, IN FACT THE 5 WAVES UP USES AN EXTENDED 5TH TO EXPLAIN ITS STRUCTURE

SEE THE REVERSE HEAD AND SHOULDERS FROM 2015 TO PRESENT, HOVERING AROUND THE 62% RETRACEMENT FROM ATH

DANIEL BRUNO, CMT

CONTACT ME.

Kommentar:

HERE WE ARE A YEAR LATER AND MY ADVICE WAS GOOD, THE PRICE ROSE FROM 63 TO 73 BEFORE THE NEW DECLINE, WHICH CREATES A CURRENT CORRECTIVE WAVE SIDEWAYS TO DOWN. OIL COMPANIES SURE TO NOT BE PLEASED, A WAR ON IRAN OR VENEZUELA WILL GET PRICES SKYROCKETING AGAIN.

DANIEL BRUNO, CMT