$USOIL - Crude oil opened the week with a huge gap and spiked to the 5th yearly resistance pivot at 118.29. Now it's trading around 101. The entire weekly candle is way above the upper Bollinger Band. I'm calling it: the high for the year is in.

🚨 Crude Oil Above $110: Is This the Start of a New Energy Supercycle? A Trader’s Perspective
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The global energy market has once again captured the attention of traders and investors worldwide. In a dramatic overnight rally, crude oil prices surged sharply, pushing WTI above $110 and Brent crude beyond $110, levels that immediately reignited discussions about supply shocks, geopolitical tensions, and the possibility of a longer-term energy bull market.
For many traders, this move was not just another headline—it was a moment that highlighted how quickl