Oil has gained yesterday and the modest move higher continues today. Very modestly so. Does it look like there's strong overhead resistance nearby, perhaps not just one? That's exactly what we cover in today's Alert, with implications thrown in for good measure.

• Read more

Oil bulls have attempted to repair Wednesday's plunge also on Friday and earlier today, yet their efforts have come to naught. As oil trades in a narrow range, can the bulls pull a rabbit out of their hats? Let's assess the probability of such a development and what it means for our open position.

• Read more

• Read more

The oil upswing of recent days has vanished in the heavy selling of yesterday. Has this been a one-off event that the bulls can recover from? They're enjoying some progress today but will it be enough to repair yesterday's damage? Let's explore the clues and the stories they tell.

• Read more

Yesterday, we have seen another day of higher oil prices. While that sounds bullish, it's important to go beneath the surface. Have the bulls overcome any important resistances? How does the balance of forces actually look right now? What does the enigmatic "until" from the title mean actually?

• Read more