Oil pullback on the cardsBrent Last Day Financial FuturesNYMEX_DL:BZ1!BlueberryBrent crude is due for a pullback, once the dust settles in the Middle East. We see $80 per barrel as a potential consolidation point, upon which future gains could be made on non-war related thesis. The world is hungry for energy, that won't go away. The type of energy is the big question. Oil has a built-in self-correcting mechanism. Every time it rallies hard and quick, global economies struggle with price rises, dampening demand and bringing the price back to a more normal level. We feel that could happen in the second half of this year, the 200-day moving average should continue to hold in an upward trend. But there is some downside here from profit taking post US/Iran negotiations. The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.