-
What a Difference a Day Makes, Right?
September 4, 2019, 11:38 AMYesterday's steep oil decline has given way first to a partial retracement still yesterday, and then to more upside earlier today. Can the bulls think about breaking above a key resistance ahead? And what do the technical indicators say to such a move? Let's explore.
-
The Consequences of Failed Breakouts
September 3, 2019, 11:07 AMCrude oil bulls finished poorly on Friday, and aren't faring much better earlier today. Have their achievements been reversed, and lower oil prices are the order of the day? Let's examine a few key charts that lead to a confident and profitable answer.
-
Failed Breakouts in Crude Oil Lead to a Profitable Opportunity
August 30, 2019, 9:16 AMCrude oil moved sharply higher yesterday, almost touching the previous August highs, but it didn't manage to break above them. The resistance that we outlined in the previous Oil Trading Alerts kept the rally in check, and we already see the result. Crude oil simply declines. What's next? How far can it decline?
-
Oil Is Rising But Doesn't the Upswing Look... Tired?
August 29, 2019, 9:09 AMThe bulls took oil prices right up to the resistances, and failed breaking above them. Yet they keep trying today. Do the charts favor such a move? Is this the effect of China confirming the upcoming trade talks, or can the bulls count on more than just hope of a swift resolution to the trade war that's dimming global growth (and oil demand) prospects?
-
Today's Oil Bulls Carry Yesterday's Torch - Will They Break Out?
August 28, 2019, 9:44 AMThe oil buyers kept more of their gains yesterday than the day before. And have opened strongly earlier today. Will it translate into their overcoming nearby resistances? Let's assess the odds.
Free Gold & Oil Newsletter
with details not available
to 99% investors
+ 7 days of Gold Alerts
+ Mining Stock Rankings
Gold Alerts
More-
Status
New 2024 Lows in Miners, New Highs in The USD Index
January 17, 2024, 12:19 PM -
Status
Soaring USD is SO Unsurprising – And SO Full of Implications
January 16, 2024, 8:40 AM -
Status
Rare Opportunity in Rare Earth Minerals?
January 15, 2024, 2:06 PM