Crude Oil – July 7, 2026

Well, looks like they are bombing Iran, again …

Did the bombing of Iran cause oil to find support or was the attractor ‘sitting’ in the platonic space waiting to be discovered? Who knows and, frankly, who cares.

Either way, here’s a Crude Oil Chart posted on April 8th, 2026 looking for the BUY in/around 68-70.

Here’s the updated chart from today. Honestly, I totally missed this … when I heard they were bombing again I just went “shoot, I had posted on Crude months ago … wonder what level it bottomed?”

Folks, crude bottomed 5 days ago … went right to the attractor.

Crude: new highs ahead, stop out below the low 5 days ago if we reverse and blow thru to the downside. Look above and you will see the next level to BUY if this level does not hold.

Right now, there is a member of our Armed Forces in harms way, let’s never forget that …