Oil & Natural Gas

Crude Oil Chart: Compression Signal Points To New Trend

After an amazing snapback rally earlier this year, Crude Oil prices have spent time consolidating. In short, the tension is building as traders await Crude Oil’s next big move. Crude Oil Chart & Price Action Insights Yesterday Crude Oil futures (CL) signaled an extremehurst compression signal. This market signal is non-directional but indicates…

S&P 500 Futures Trading Outlook For September 27

Stock Market Futures Outlook for September 27, 2016 – After the Presidential debate last night, we still remain landlocked, though the charts did show quite a bit of weakness prior to the bounce. I’ll be watching the S&P 500 (INDEXSP:.INX) for signals that this weakness might continue. S&P 500 futures still sit…

Major Commodity Index Has Rallied Back To A Pivotal Level!

Select commodities have done well this year, especially those in the Energy and Precious Metals space. These heavyweights have done enough to push the Thompson/Reuters Commodity Index higher this year. The rally has brought the index back up to an important level:  A test of a key long-term support line…

S&P 500 Futures Trading Outlook For September 7th

S&P 500 futures trading and market outlook for September 7, 2016 – The S&P 500 (INDEXSP:.INX) is attempting another breakout, but none of our futures charts have breached key resistance levels and/or prior highs. Today could be the day that the stock market does it IF there is a squeeze…

S&P 500 Futures Trading Outlook For September 2nd

S&P 500 (INDEXSP:.INX) Trading Outlook for September 2, 2016 – S&P 500 futures (ES_F) The financial markets were quiet into the release of the jobs number at 8:30am. Buyers and sellers have been caught in a tug of war but that gave way to buyers after the jobs announcement. Even so,…

S&P 500 Futures Trading Outlook For August 30th

S&P 500 futures are trading a bit lower on Tuesday morning as traders heed the upper and lower boundaries of the recent price range. The S&P 500 Index (INDEXSP:.INX) moved higher yesterday, pushing the index toward the upper part of the range. But overnight movement on S&P 500 futures finds…

S&P 500 Futures Trading Outlook For August 26

A high level overview of stock market futures for August 26, 2016 shows a market that is range bound and waiting for a catalyst. Perhaps today will give traders that catalyst. The S&P 500 (INDEXSP:.INX) has been wrapped in a tight range for some time… ready for a move. Let’s…

S&P 500 Futures Trading Outlook For August 24th

S&P 500 Futures Trading Outlook for August 24, 2016 – As with yesterday, the morning finds us just above congestion at 2186 on S&P 500 futures. Charts continue their bullish slant but under damp momentum. A breach above 2187.75 may only take us to the top of the range near…

Crude Oil Futures Seasonality: September Brings Uncertainty

Oil prices have been trading on fire lately. In fact, Crude Oil futures are up 7 trading sessions in a row ending Friday 8/19. This has put multi-year highs back in sight near $52. Friday’s last trade came in at $49.12. How about crude oil futures seasonality? That’s debatable and…

S&P 500 Futures Trading Outlook For August 22nd

S&P 500 Futures Outlook For Traders (Broad Overview) for August 22, 2016 – After an absence of several days in the market, I returned to see charts just as range bound. Typical summer trading behavior. Perhaps traders are waiting on the election, or some other market moving news. But whatever the…