OIL (WTI) – 8.02-4.03.2024 (yearly cycles)
From February 8 to March 3, I expect the Oil rate to rise. The chart shows that the price on March 3 will be higher than the price on February 8. But this does not deny that during this period the price may fall lower than on February 8.
In the highlighted "blue square" you can see that over the last 15 years (12 times out of 15) the price of Oil has risen during this period. Probability 80%.
The average price change during this period over the last 15 years is 8.3%
