WTI Crude Oil Forecast: Market Breaks Out
In general, breaking out of thisĀ triangleĀ suggests that we could go back to the recent highs and possibly even higher than that given […]
Crude Oil Finds Buyers on the Dip
As long as we stay between these two lines, it will probably be a situation where you do a lot of short-term […]
WTI Crude Oil Forecast: Price Bounces Significantly
At this point, you need to be very nimble and cautious about yourĀ position sizeĀ more than anything else. The West Texas Intermediate Crude […]
WTI Crude Oil Forecast: Pressuring Resistance
I have no interest in trying to short this market until we break below the $100 level. The West Texas Intermediate Crude […]
Crude Oil Ends Up Unchanged
You cannot argue with the overall uptrend and therefore I would need to see a pretty significant shift in attitude to start […]
Crude Oil Continues to Drive Higher
Now that we have digested a lot of those gains, the market seems to be ready to make its next move. The […]
WTI Crude Oil Forecast: Consolidating in Massive Triangle
The market is more likely than not going to continue to see buyers on dips, as we have seen for quite some […]
WTI Crude Oil Forecast: Slamming Around in Triangle
Inflation tends to show up in energy rather quickly, so would not be a huge surprise to see this market rally and […]
WTI Crude Oil Forecast: Crude Oil Finds Buyers
Crude oil markets have seen a lot of volatility, but it does look like we are compressing for a bigger move sooner […]
WTI Crude Oil Forecast: May 2022
I do have more of an upward bias, but I also recognize that things can change in a flash. The West Texas […]
WTI Crude Oil Forecast: Pullback as Consolidation Continues
I would be very cautious about jumping āall inā right away. The West Texas Intermediate Crude Oil market fell a bit on […]
Crude Oil Market Gives Up Gains
This is a market that looks as if it is compressing for a bigger move sooner or later. The West Texas Intermediate […]