WTI Crude Oil Forecast: Market Turns Around Mid-Day
This is a market that I am still bearish on, but I need to see a bit of a bounce before putting […]
WTI Crude Oil Forecast: Trading Back and Forth
If we do get a rally from here, the first signs of exhaustion will more likely than not be a nice selling […]
WTI Crude Oil Forecast: Attempts to Bounce
I’ll be looking for signs of exhaustion to sell, or break down below the lows of the last 48 hours to sell. […]
WTI Crude Oil Forecast: Market Recovers Slightly
If we are truly going into some type of major recession, oil will continue to get hammered. The West Texas Intermediate Crude […]
WTI Crude Oil Forecast: Price Plunges Again
Risk management is advised, with your position sizing being crucial and everything at this point in time. The West Texas Intermediate Crude Oil market […]
WTI Crude Oil Forecast: August 2022
In general, this is a tough time to be trading crude oil. The West Texas Intermediate Crude Oil market was all over […]
WTI Crude Oil Forecast: Walking Along 200-Day EMA
I’d be looking to fade short-term rallies, but I would not get married to any position. The West Texas Intermediate Crude Oil […]
WTI Crude Oil Forecast: Showing Signs of Hesitation
I believe that the market is going to continue to favor the downside, but it’s never a 100% certainty as to what […]
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 […]
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 […]
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 […]
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