In sync with the Trump-inspired weakness of the USD as analysed earlier, Crude Oil will be gunning for the US$170-US$180 per barrel target mark. This Target Point represents a +600% from The Donovan Norfolk Rock Bottom caught with precision back in 2016 (refer to past track record where I bought) and a +272% from current point which is less than halfway mark from eventual Target Point.
On also an on-par basis, when this is not even the half-way mark for crude oil target, another +100% profits from all oil related companies regardless of their size of capitalisation is a conservative estimation and it will be highly achievable. Emerging Markets and Asia Markets will benefit greatly from the entire movement. Asia Equity Markets will start to create tsunamis of new highs every other month in 2018 and 2019 and with some likelihood into 2020 as well. Sustained historical highs like those in US can be expected for the rest of the world, and especially in Emerging Markets and Asia/Asia-Pacific.
The second trinity of deliberate buys occurred with high volumes in 2H-2017 (refer to 5-Year Crude Oil Chart above), a double confirmation of strong buy intentions, strong buying power and strong-willed holding of the market. The confirmation of mark-ups came towards the end of 2017 with the break-up of orange trendline resistance. This is a 3rd confirmation and a confirmation on the double trinity of intentions as highlighted previously (bullish).
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