Jul. 15 at 12:57 AM
$RIO $BHP $SBSW $B
Sometimes things take longer to develop than we would like. Just know, they will develop.
Miners bottomed in 2016 & oil bottomed in 2020.
Since then, we’ve seen tremendous appreciation.
I say we’ve experienced wave one up and wave two down. We’re now in the early/mid stage of wave 3.
I used B as my prediction targets.
Multiple years ago I said we would see
$75
I’m not changing my stance.
Now I will use
$XOM for my energy thesis based on waves.
My call for XOM has been
$300 on its final wave.
My timeline won’t be perfect.
Energy will remain stable for the next several months, but won’t launch until after the mid terms.
This should allow miners to absolutely soar into year end. I will trim into that strength towards the end of wave 3.
Oil will follow in 2027 as we move into a recession mid year.
That’s when wave 4 begins.
Recession and all equities sell down.
Then wave 5 comes later.
https://x.com/igwtreport/status/2076985070317953339?s=46
