LTF update on the oil situation, it looks like we are getting closer to a resolution of the current conflict either further escalation or the parties coming together to reach a deal.

From a structural point of view, we have been building a wedge pattern that will soon break in one direction and it all depends on what happens now, if this forms a lower high under the previous double top, then we will trade lower with a break below the prior higher low would act as confirmation, and oil moves into the 60s or below area.
On the other hand 100 remains the key level, and a move above it would trigger further inflationary pressure, negatively impacting both crypto and the stock market.