WTI Crude Oil Forecast: Price Bounces Significantly
At this point, you need to be very nimble and cautious about your position size 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 […]
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 “all in” right away. The West Texas Intermediate Crude Oil market fell a bit on […]
WTI Crude Oil Forecast: Market Continues Recovery
If the world is heading into a global recession, it is hard to believe that crude oil will have a strong move in the […]
WTI Crude Oil Forecast: Trying to Find Buyers
I am waiting to see what happens with this trend line before I start shorting, or the $100 level before I consider […]
WTI Crude Oil Forecast: April 2022
I anticipate that the month of April is going to be a chaotic mess, just as we have seen during the month […]
WTI Crude Oil Forecast: Fires Off Supportive Candlestick
Anticipate a lot of noise, but that noise should almost always push you more towards the upside than down. The West Texas […]