Crude Oil Continues to Find Buyers
[ad_1] Shorting is not a possibility at this point. The West Texas Intermediate Crude Oil market has fallen rather hard, to begin […]
WTI Crude Oil Forecast: Market Pulls Back
[ad_1] I would need to see a major shift in the supply/demand situation to think that the oil market is suddenly going to crack […]
WTI Crude Oil Forecast: Threatening Big Move
[ad_1] The crude oil markets have been bullish for quite some time, and now that we have worked out a lot of […]
WTI Crude Oil Forecast: June 2022
[ad_1] I think we will stay within this $20 range for the entirety of the month, but with a slight upward tilt. […]
WTI Crude Oil Forecast: Price Rallies into Weekend
[ad_1] It has been a nice pace of an uptrend, meaning that we are not overdone, and we could continue to see […]
Crude Oil Has a Massive Rally
[ad_1] At this juncture, I believe that it is easier to buy the dips than it is to sell the rips. The […]
WTI Crude Oil Forecast: Pulls Back into Channel
[ad_1] We are rising over the longer term, so it does suggest that perhaps we are still going to grind a bit […]
US Dollar Rolls Over as Oil Strengthens
[ad_1] The US dollar initially rallied on Monday but gave back gains rather quickly as the WTI Crude Oil market strengthened. In fact, oil broke […]
WTI Crude Oil Forecast: Market Breaks Out
[ad_1] In general, breaking out of this triangle suggests that we could go back to the recent highs and possibly even higher than that […]
WTI Crude Oil Forecast: Pressuring Resistance
[ad_1] I have no interest in trying to short this market until we break below the $100 level. The West Texas Intermediate […]
Crude Oil Ends Up Unchanged
[ad_1] You cannot argue with the overall uptrend and therefore I would need to see a pretty significant shift in attitude to […]
Crude Oil Continues to Drive Higher
[ad_1] Now that we have digested a lot of those gains, the market seems to be ready to make its next move. […]