Oil forming a bull flag — not exactly bullish for global markets or risk assets.
Higher energy costs = inflation pressure = tighter monetary policy = liquidity drain.
If $OIL breaks out here, expect:
• Equities under pressure
• Crypto liquidity to tighten
• Risk-off sentiment across the board
Watch this chart closely. Macro matters.
Higher energy costs = inflation pressure = tighter monetary policy = liquidity drain.
If $OIL breaks out here, expect:
• Equities under pressure
• Crypto liquidity to tighten
• Risk-off sentiment across the board
Watch this chart closely. Macro matters.