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Oil Keeps Trading in a Tight Range. For Now
September 23, 2019, 11:08 AMOil bulls look to have failed in their push for higher prices again. Be it on Friday, or earlier today. But can they muster enough strength to break out of the recent consolidation to the upside? Or will it be their opponents who would take the initiative?
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The Bulls Are Trying Again Today. Can They Succeed?
September 20, 2019, 10:52 AMYesterday's upswing attempt looked promising at the beginning. But in the end, the bears overpowered the bulls, and Wednesday's gap didn't get closed. But the bulls opened strongly today, and the question is whether they'll succeed this time. And if not, what consequences will that have?
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Are the Bulls Waning or Just Digesting Recent Gains?
September 19, 2019, 10:40 AMThe bulls finally stopped the decline yesterday, and are attempting now to close yesterday's bearish gap. Will they succeed, and if they don't, what will that mean exactly? What about the technicals, can a chart provide us with any valuable clues? Indeed, and we've identified one scenario that if realized, would lead to opening new trading positions.
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Metals charts
