2008 IT CRASHED. 2022 IT CRASHED. 2026 — SAME WALL, SAME SETUP.Crude Oil FuturesNYMEX_DL:CL1!NaranjCapitalOne resistance line has stopped every major oil rally for 18 years. The market has never broken it. 📌 2008 — Hit the wall. Crashed from $147 to $33. 📌 2022 — Hit the wall. Collapsed from $130 to $65. 📌 2026 — Middle East conflict pushed WTI to $119.5. Resistance held. Already at $96. Same wall. Three crashes. Watch closely. 🎯 TRADE SETUP ● Resistance: $115–$124 ● Target: $70–$75 ● Invalidation: Monthly close above $124 🌍 FUNDAMENTALS CONFIRM IT ● World producing 2.5M barrels/day more than consumed ● OPEC+ chose to pump more into an already oversupplied market ● EVs, efficient engines and remote work killing oil demand permanently ● J.P. Morgan JPM: 60% global recession probability ● U.S. Energy Information Administration expects prices to fall through late 2026 and into 2027 The geopolitical spike is temporary. The oversupply is not. 📊 Putting It All Together A rare geopolitical event just pushed CL1! directly into an 18-year resistance zone; the very wall that has stopped every major rally since 2008. For educational purposes only. Not financial advice.