Crude Oil (CL) - 3 Dominant Cycles - CL has been dropping since March following the three dominant cycles faithfully. The war and Hormuz news has been creating small wiggles but the trend was down, aside from daily news noise. - Based on these 3 cycles, should form a trough of sorts in several weeks and bounce in August. The key word is "bounce."
Published Jun 21, 2026Updated Jun 21, 20262 min read
Crude Oil (CL) - 3 Dominant Cycles - CL has been dropping since March following the three dominant cycles faithfully. The war and Hormuz news has been creating small wiggles but the trend was down, aside from daily news noise. - Based on these 3 cycles, should form a trough of sorts in several weeks and bounce in August. The key word is "bounce."
