WTI Crude Oil Forecast: Threatening 200-Day EMA
The more volatility, the more likely we are to pull back. The West Texas Intermediate Crude Oil market initially fell on Monday […]
Crude Oil Plunges to the 200 Day EMA
Ultimately, the only thing you can do to protect yourself is the trade smaller position sizes. The West Texas Intermediate Crude Oil […]
WTI Crude Oil Forecast: Attempting Stabilization
The West Texas Intermediate Crude Oil market has rallied a bit Friday as the 200-day EMA continues to offer a bit of […]
Crude Oil Continues to Wreck Accounts
The one thing you should pay the most attentive is the fact that we broke through a major uptrend line. The West […]
WTI Crude Oil Forecast: Threatening 200-Day EMA
I think this is a situation where we’re looking very weak, and I think the momentum has most certainly shifted for the […]
Crude Oil Testing the 200 Day EMA Again
At this point, we are seriously threatening the previous uptrend. The West Texas Intermediate Crude Oil market has fallen rather hard during […]
WTI Crude Oil Forecast: Oil Retesting Previous Trendline
Ultimately, if we did break above the $110 level, that would be a huge change in attitude. The West Texas Intermediate Crude […]
WTI Crude Oil Forecast: Positive Holiday
There are signs that the United States has already entered a recession, which is like kryptonite for the oil markets. The WTI Crude […]
WTI Crude Oil Forecast: Breaks Through Minor Support
The West Texas Intermediate Crude Oil market has fallen during trading on Thursday to break through a trendline. That being said, there […]
WTI Crude Oil Forecast: July 2022
I think that there would be plenty of buyers on short-term dips, and it would not surprise me at all to see […]
WTI Crude Oil Forecast: Price Approaches 50-Day EMA
Looking at this chart, we have much further to go to the upside than down, but if we were to break down […]