WTI Crude Oil Forecast: Has a Confusing Friday
With everything that’s going on, I believe that crude oil market will continue to be very noisy and difficult to trade, so […]
WTI Crude Oil Forecast: Testing the 200-Day EMA
The WTI Crude Oil market rallied significantly during the trading session on Wednesday as we are now approaching the 200-Day EMA. The […]
WTI Crude Oil Forecast: Bounces After Initial Plunge
Short-term breakouts might lead to longer-term selloffs. The West Texas Intermediate Crude Oil market has fallen rather hard during the trading session […]
WTI Crude Oil Forecast: Had Choppy Friday Session
The market is more likely than not going to have more of a “fade the rally” type of situation The West Texas […]
WTI Crude Oil Forecast: Crude Oil Bounces
If we can break above the $100 level, I believe the market may turn around completely. The West Texas Intermediate Crude Oil […]
WTI Crude Oil Forecast: Attempting to Recover
Rallies will more likely than not offer selling opportunities. The West Texas Intermediate Crude Oil market has been very negative for a […]
WTI Crude Oil Forecast: Price Drifts Lower
I am still looking at this through a prism of fading short-term rallies. The West Texas Intermediate Crude Oil market initially tried […]
Crude Oil Continues to Recover
I will be looking for signs of exhaustion to jump on. The West Texas Intermediate Crude Oil market has rallied a bit, […]
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 […]