Crudeoil analysis
Membre depuis Oct 02, 2014
posts 909
Oct 25, 2015 at 07:51
Hopefully an upward move is coming.
Positivity
Membre depuis Oct 11, 2013
posts 775
Oct 27, 2015 at 07:23
WTI testing once again the 44.00 level. If it breaches that level to the downside it may try to go and visit the 40.00 level.
Membre depuis Oct 02, 2014
posts 909
Nov 07, 2015 at 10:20
This might be a good time to go long with a tight stop.
Positivity
Membre depuis Oct 11, 2013
posts 775
Nov 09, 2015 at 03:13
Very hard to trade oil in longer term trades, because it is really in a range. no clear direction yet. maybe short term trades are more sensible.
Membre depuis Oct 02, 2014
posts 909
Nov 12, 2015 at 13:12
It broke support. I'm waiting now.
Positivity
Membre depuis Oct 02, 2014
posts 909
Nov 16, 2015 at 21:17
Crazy day today, more than $2 up and down and then up again.
Positivity
Membre depuis Oct 11, 2013
posts 775
Nov 17, 2015 at 02:02
But still, Oil remains weak and the WTI may reach the 40 level this week.
Membre depuis Oct 11, 2013
posts 775
Nov 23, 2015 at 02:36
Oil has found a good support at the 41.24 level and it has formed what it appears to be a descending triangle or pennant on the daily chart. To the upside, the 44.00 could act as resistance, but if oil breaks to the downside, the 40.00 level could act as support.
Membre depuis Oct 02, 2014
posts 909
Nov 29, 2015 at 12:10
In range, hold your horses for now.
Positivity
Membre depuis Jan 14, 2010
posts 2299
Dec 02, 2015 at 00:46
I might be wrong. But oil looks like looking to make new lows. Looks like consolidation for break down. Inventory news is excellent time either to hit stops or to break some level.
Membre depuis Oct 02, 2014
posts 909
Dec 06, 2015 at 13:08
I had a dream last night that oil went under $30 lol.
Positivity
Membre depuis Oct 11, 2013
posts 775
Dec 08, 2015 at 05:28
WTI has broken below the 40.00 level and it has dropped to the 37.73 level, which could act as support.
Membre depuis Oct 02, 2014
posts 909
Dec 12, 2015 at 17:00
Lacunoide posted:arigoldman posted:
I had a dream last night that oil went under $30 lol.
It can happen in few months...
Well, now when you look at it, it certainly seems possible...
Positivity
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