Posted this oil chart last year but posting it again to show the most recent COT…getting a little crazy. Exxon also has a possible H&S under construction. Has anyone heard if the Aramco IPO has a date attached to it yet? It feels like that ipo will mark a top in oil. Just guessing tho.

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Oil fork has a nice fit. Last one is Gold oil ratio. Not real sure which pattern will play out there so I labeled both

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