🚨 WARNING:

Oil is back above $100, and based on how that 4H candle closed yesterday, it looks ready to push much higher.
Oil above $100 is a big red flag.
If prices stay elevated for a longer period, the consequences will be serious, energy shortages and rising inflation.
The world runs on oil. Transport depends on it. Production depends on it. Everything gets more expensive.
When costs rise, consumers spend less. Companies make less. Layoffs follow.
It’s a domino effect that can lead to a major economic downturn.
And you think people are going to pile into crypto right now?
They won’t.
Lower prices are coming.