One resistance line has stopped every major oil rally for 18 years. The market has never broken it.
📌 2008 — Hit the wall. Crashed from $147 to $33.
📌 2022 — Hit the wall. Collapsed from $130 to $65.
📌 2026 — Middle East conflict pushed WTI to $119.5. Resistance held. Already at $96.
Same wall. Three crashes. Watch closely.
🎯 TRADE SETUP
● Resistance: $115–$124
● Target: $70–$75
● Invalidation: Monthly close above $124
🌍 FUNDAMENTALS CONFIRM IT
● World producing 2.5M barrels/day more than consumed
● OPEC+ chose to pump more into an already oversupplied market
● EVs, efficient engines and remote work killing oil demand permanently
● J.P. Morgan
JPM: 60% global recession probability
● U.S. Energy Information Administration expects prices to fall through late 2026 and into 2027
The geopolitical spike is temporary. The oversupply is not.
📊 Putting It All Together
A rare geopolitical event just pushed
CL1! directly into an 18-year resistance zone; the very wall that has stopped every major rally since 2008.
For educational purposes only. Not financial advice.
📌 2008 — Hit the wall. Crashed from $147 to $33.
📌 2022 — Hit the wall. Collapsed from $130 to $65.
📌 2026 — Middle East conflict pushed WTI to $119.5. Resistance held. Already at $96.
Same wall. Three crashes. Watch closely.
🎯 TRADE SETUP
● Resistance: $115–$124
● Target: $70–$75
● Invalidation: Monthly close above $124
🌍 FUNDAMENTALS CONFIRM IT
● World producing 2.5M barrels/day more than consumed
● OPEC+ chose to pump more into an already oversupplied market
● EVs, efficient engines and remote work killing oil demand permanently
● J.P. Morgan
JPM: 60% global recession probability● U.S. Energy Information Administration expects prices to fall through late 2026 and into 2027
The geopolitical spike is temporary. The oversupply is not.
📊 Putting It All Together
A rare geopolitical event just pushed
CL1! directly into an 18-year resistance zone; the very wall that has stopped every major rally since 2008.For educational purposes only. Not financial advice.
🌐 naranjcapital.com
🎖️ CMT (usa) & CFTe (usa) chartered
🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA
🇸🇦 Telegram - Saudi Stocks Trading Advice
t.me/Naranj_KSA
🤝 Contact Us
bio.link/NaranjCapital
🎖️ CMT (usa) & CFTe (usa) chartered
🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA
🇸🇦 Telegram - Saudi Stocks Trading Advice
t.me/Naranj_KSA
🤝 Contact Us
bio.link/NaranjCapital
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
🌐 naranjcapital.com
🎖️ CMT (usa) & CFTe (usa) chartered
🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA
🇸🇦 Telegram - Saudi Stocks Trading Advice
t.me/Naranj_KSA
🤝 Contact Us
bio.link/NaranjCapital
🎖️ CMT (usa) & CFTe (usa) chartered
🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA
🇸🇦 Telegram - Saudi Stocks Trading Advice
t.me/Naranj_KSA
🤝 Contact Us
bio.link/NaranjCapital
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。