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Crude Oil: Weekly Reversal in the Making
October 5, 2018, 8:56 AMCrude oil rallied substantially earlier this week, but not yesterday. The price of black gold moved lower, invalidating the previous breakout above the July intraday high. Invalidations of breakouts are generally bearish phenomena. But was it also the case this time?
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Crude Oil – Short-term Consequences of Long-term Resistances
October 3, 2018, 9:33 AMAt the beginning of the week oil bulls showed strength, which resulted in a climb to a fresh 2018 high, but will we see further improvement in the coming days?
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New High but no Major Breakout in Crude Oil
October 1, 2018, 7:37 AMCrude oil rallied on Friday and it moved higher in today’s pre-market trading as well. Will we see a breakout to new 2018 highs shortly?
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