Crude Oil: Market Collapse

Crude Oil is clearly in the process of developing a descending triangle similar to what occurred between 2017 and 2019. That led to a market collapse in 2020 when the pandemic hit. The current formation is not a coincidence.
A meeting was held on October 10, 2024 to discuss the development of bird flu pandemic vaccines. Participants included members from the World Health Organization, Centers for Disease Control, Food and Drug Administration, National Institutes of Health, etc. They also discussed mandatory vaccinations. One presentation explained how grocery stores can report customers who purchase food contaminated with a bacteria or virus on their rewards program card. If you did, the CDC can then tell you to quarantine for three weeks.

If this plan is not stopped, 2025 is expected to be a repeat of 2020.

Note that this information is for educational purposes only and not a recommendation.

Chart courtesy of StockCharts.com.

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