On Thursday, oil price looked like it’s breaking down, only to reverse the very next day and make a 2019 closing high. Let’s examine the implications for us and draw the right conclusions – are the implications bullish or bearish?

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Yesterday, some might have wondered where is the limit to the upswing in oil. It would be natural to expect it to catch up to e.g. gold and silver upswings. Would be, could be. We just saw something that made us act. Diligently, with foresight and confidence – when the odds are with us. It’s time to share it with you.

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Crude oil is rising and appears primed for a run. After all, commodities have had a good run in 2019 so far – just look at gold or silver. Talking these, what can we learn from a closer look at the currents under the surface? Come and join us for today's analysis.

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It looks like just another daily reversal from the lows. It seems to turn the tide in favor of the bulls. But the week is still in progress. We invite you to take a look at our observations – and their implications.

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Yesterday we had a question mark over the resumption of bullish momentum. Thereafter, crude oil dipped below $52.00 and looks to be somewhat recovering now. Does the market action translate into a call to action on our part?

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