🛢 CRUDE ASTROLOGY (part 2)
☝️ In a post about the long crude cycle, I suggested that the new 4-year cycle could turn bullish for at least the first year. There are a couple of factors that make this assumption less likely in terms of duration.
Negative factors for crude prices1️⃣ Insufficient correction to complete the 4-year cycle.
👉 You should be prepared for surprises in the form of sharp price dips at extremes and a later end of the base cycle in combination with the 4-year cycle. On the other hand, an insufficient correction may be a sign of an upcoming sideways trend.
2️⃣ Probability of a new sideways or bearish 4-year cycle.
👉 The conjunction of Jupiter and Uranus, which took place in April 2024, on three occasions in 1969, 1983 and 1996 led to an immediate price correction and a bear market for 2-3 years, and in the last case in 2010 - to a sideways trend for 3 years (triangle, see chart) followed by a collapse in oil prices in 2014.
☝️ These points must be taken into account when long-term planning. A picture of one scenario or another will appear quite soon. See also Jupiter and Uranus in Oil Cycles.
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