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Nobody is talking about the 12 month rate of change on oil right now. They should be. WTI crude's ROC(12) just spiked to over 91%. Let me show you what happened every other time it did this. - 1987 Crash. - 1990 Crash. - Dot Com Bust. - 2008 Financial Crisis. - 2022 Bear Market. Every single spike of this magnitude on the 12 month rate of change has led to something breaking. Every. Single. Time. Do you really think this time we just walk away unscathed? This is your warning shot.
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Sound like a good topib/idea to discuss!
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I do agree this is a very serious situation we are in atm. Just curious though @Lia Paulina Holmgren...
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