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May Crude Oil Update: What a difference a day makes!Yesterday morning at this time, May Crude was circling 87.00. Fast-forward 24 hours, we see May Crude circling 94.50 (+8.6%), and pushing up toward a challenge of the dominant resistance line off the March 8th post-war high at 118.00 that cuts across the price axis in the vicinity of 96.50 as we speak. If the resistance line is hurdled and sustained, May Crude will point to a full-fledged retest of the multiple price highs this past weekd in and around 100-101.65, which, if taken out, will trigger upside potential to 110-112 in and orderly market.
Bitcoin: 2026 Roadmap updateFor the past few weeks since the February low, the focus of these articles ,regarding the lower timeframe patterns, has been the prospect of breaking out of the multi-week consolidation and retaking the $74k level.In this past week, price briefly broke out of the consolidation, clearing $74k~, reaching an intraday high of $76k on Monday night.
With the market unable to develop any real rally attempt for a c-wave, it has forced us into the perspective that the (a) wave has not yet completed. And, that suggests that we have a date with the 6360SPX support zone next. I now have that as my primary count.While the market can certainly drop to that region in a more direct fashion, it would not surprise me to see yet another twist in this action.
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