Tuesday, March 31, 2026

Chart(s) Of The Day -- March 31, 2026

Locator: 50378WTI.

Share prices of oil majors plummeting. War will end soon.

Tea leaves:

  • one last major B-52 sweep this weekend;
  • major announcement Monday or Tuesday; mission accomplished;
  • US stands down; defensive stance only;
  • US awaits Iran’s response; 
  • US no longer considers the strait its problem;
  • those who need the strait? It’s now their problem;
  • WTI settles into a $90 - $100 trading range;
  • truly fascinating.
My wife
  • this war will continue indefinitely.