Tag: crude oil futures
Crude Oil Elliott Wave Forecast: A Bear’s Playground
The lower high we’ve been expecting in crude oil futures might have happened last week. If confirmed, it would boost the case for a...
Is Crude Oil About To Send An Important Global Message?
The past 12 years have seen some really big swings in the price of crude oil. And the latest swing higher into 2022 played...
Crude Oil Reverses Higher Once More – What To Watch
The near-term targets in WTIÂ Crude Oil were hit, and traders got a pullback to buy into.
Now is where things get tricky. The latest bullish...
Crude Oil Elliott Wave Forecast: New Highs, But When?
The price of crude oil is moving higher as supply side concerns grow. And this is pushing gas prices higher at the pump as...
Is Crude Oil Forming Bearish Hanging Man Price Pattern?
Several commodities have been on a tear higher over the past 18 months. This list of commodities includes crude oil.
As a key economic input,...
Crude Oil Crash and Elliott Wave Trading Forecast for Year 2020
With oil prices being so volatile, we wanted to call attention to the possibility of a tradable low nearby.
In this post we look at...
Crude Oil Crashes as Fear Index Spikes: Prices to Bottom Soon?
Crude Oil Fear Index vs Crude Oil Prices Chart
The coronavirus has caused severe economic uncertainty, as economists are beginning to weigh its effect on...
Crude Oil Reversal Higher Points To $62 Price Target
Crude Oil Futures Trading Chart
I am bullish crude oil for a trade here.
Oil prices held our MOB support line (see chart) and reversed higher.
The...
Crude Oil Bullish For A Trade: Buy The Pullback
Following Monday's one-day 10 percent spike in the price of crude oil, traders have been taking profits.
After rising as high as $63, crude oil...
The Decline In Crude Oil Is Overextended Now
In the four weeks since our November 19 post, the United States Oil Fund (NYSEArca: USO) has ventured into the support zone we identified...