Cycle Forecast

Forecasts › Crude oil › May 1, 2026

Crude oil cycle forecast of May 1, 2026

2 of 4 published turn dates landed within two sessions of a real turn of the same kind. Moved to random positions, the same dates would have scored 1.8 on average.

walk-forward test Walk-forward test: it was made on November 14, 2026 by running the same engine with prices only up to May 1, 2026. Nothing after that date was visible to it. Window: May 2 – May 29, 2026.

60708090100110Feb 1Feb 15Mar 1Mar 15Apr 1Apr 15May 1May 15Price · daily close ($ per barrel)Cycle lineforecast from May 1May 11bottom ✓May 15top ✓May 21bottom ✗May 29top ✗
90100110Apr 1Apr 15May 1May 15Price · daily close ($ per barrel)Cycle lineforecast from May 1May 11bottom ✓May 15top ✓May 21bottom ✗May 29top ✗
Price before the forecastPrice after itCycle line, forecastCycle line, fitted on past pricesPublished turn dateReal turn of the price

Turn by turn

DateTurnWhat the cycle line doesWhat the price did
Mon, May 11Bottomstops falling and turns up✓ hit – real bottom on May 7, 2 sessions earlier
Fri, May 15Topstops rising and turns down✓ hit – real top on May 18, 1 session later
Thu, May 21Bottomstops falling and turns up✗ miss – no real turn within two sessions
Fri, May 29Topstops rising and turns down✗ miss – the price made a bottom there (May 29)

Direction over the four weeks

The cycle line ended the window lower than it started; the price moved -14.3% (101.94 → 87.36). ✓ Same direction.

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