WTI Crude Oil Forecast: Price Bounces Off Trendline
It’s going to be choppy, so you need to be cautious with your position size. The West Texas Intermediate Crude Oil market rallied […]
Crude Oil Probing for Support
The 200 Day EMA is at the $95 level, and that could be the target on a breakdown. The West Texas Intermediate […]
WTI Crude Oil Forecast: Price Pierces Uptrend Line
Be cautious about jumping in with a huge position until you get reasonable confirmation for your trade. The West Texas Intermediate Crude Oil […]
WTI Crude Oil Forecast: Sitting Below 50-Day EMA
Ultimately, I need to see some type of momentum or supportive candle that I can jump on to take advantage of the […]
WTI Crude Oil Forecast: Ready for Downward Pressure
Pay attention to the uptrend line underneath, which is currently at roughly $105 The West Texas Intermediate Crude Oil market has found […]
Crude Oil Finds Buyers on Dips
As things stand right now, this market looks as if it will continue to be bought every time it dips significantly. The […]
WTI Crude Oil Forecast: Pulls Back
The market is more or less going to remain a “buy on the dips” situation, but you also need to be cautious […]
WTI Crude Oil Forecast: Continues to be Volatile
The West Texas Intermediate Crude Oil market has had a very volatile trading session, dipping down to the $117 region, before turning […]
WTI Crude Oil Forecast: Price Pulls Back
Looking at this chart, it’s obvious to me that we are in a strong uptrend, and I think that will continue to be […]
Crude Oil Continues to Look Bullish
There’s nothing on this chart that tells me we should be shorting anytime soon. The West Texas Intermediate Crude Oil market has […]
WTI Crude Oil Forecast: Showing Signs of Life
The West Texas Intermediate Crude market has initially fallen on Tuesday but then turned around to show signs of life again. By […]
WTI Crude Oil Forecast: Price Continues Breakout
I look at this as a “buy on the dips” scenario, and that will be the way going forward. The West Texas […]