Oil has put in a rounding bottom and is breaking out through resistance; it ran higher after a breakout a couple weeks ago, and Rilion expects it to find resistance around $90-95 per barrel based on measuring the volatility depth from the base and projecting it forward onto the breakout level.
forecastpending
Speaker
Chris RilionEvidence Quote
“oil only broke out a couple weeks ago... resistance will be somewhere around that 90 to about the $95 area which is a a nice move”
Source
Will the S&P 500 Crash By 50%? How Gold Could Protect Your Portfolio | Chris Vermuelen— WealthionCreated: 8/10/2026, 11:07:32 PM
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