WTI Crude Oil: The spot-month contract closed at $50.32, down $1.24 for the week. The spot-month WTI contract extended the market’s secondary (intermediate term) contra-seasonal downtrend to a low of [...]

WTI Crude Oil: The spot-month contract closed at $51.16, down $2.63 for the week. The spot-month WTI contract extended the market’s secondary (intermediate term) downtrend to a low of $50.97 [...]

WTI Crude Oil: The spot-month contract closed at $54.19, down $4.39 for the week. The spot-month WTI contract extended the market’s secondary (intermediate term) downtrend to a low of $53.85 [...]

WTI Crude Oil: The spot-month contract closed at $58.54, down $0.50 for the week. The spot-month WTI contract posted a bearish key reversal the previous week leading to a new [...]

Brent Crude Oil: The spot-month contract closed at $68.60, up $0.44 for the week. Brent crude posted a bullish outside range last week while extending its secondary (intermediate term) uptrend [...]

Crude Oil: The spot-month contract closed at $61.72, up $1.28 for the week. Crude oil continued to climb higher last week, posting a new 4-week high of $61.97. This was [...]

Crude Oil: The spot-month contract closed at $55.17, down $2.60 for the week. Crude oil remains in a secondary (intermediate term) sideways trend with the box bounded by (roughly) a [...]

Crude Oil: The spot-month contract closed at $57.24, up $1.04 for the week. Crude oil remains in a secondary (intermediate term) sideways trend with the box bounded by (roughly) a [...]

Crude Oil: The spot-month contract closed at $56.20, down $0.46 for the week. Despite last Friday’s strong rally ($2.02) the market still closed lower for the week. Last week’s high [...]

Crude Oil: The spot-month contract closed at $56.66, up $2.88 for the week. I’m going to continue to classify crude oil in a secondary (intermediate term) sideways trend with the [...]

Crude Oil: The spot-month contract closed at $53.78, down $092 for the week. I’m going to continue to classify crude oil in a secondary (intermediate term) sideways trend with the [...]

Crude Oil: The spot-month contract closed at $54.70, up $1.89 for the week. I’m going to continue to classify crude oil in a secondary (intermediate term) sideways trend with the [...]

Crude Oil: The spot-month contract closed at $52.49, down $3.42 for the week. Crude oil remains a tough read as far as trend goes on its weekly chart. Therefore, I’m [...]

Crude Oil: The spot-month contract closed at $54.85, down $1.67 for the week. The crude oil market remains somewhat of a technical mystery as the spot-month contract followed the previous [...]

Crude Oil: The spot-month contract closed at $56.52, up $1.42 for the week. Crude oil looks to be breaking out if its recent consolidation phase following last week’s bullish outside [...]

Crude Oil: The spot-month contract closed at $54.17, down $0.70 for the week. Crude oil continues to move sideways on its continuous weekly chart after fulfilling the technical requirements of [...]

Crude Oil: The spot-month contract closed at $54.87, up $0.37 for the week. Crude oil looks to be turning sideways on its continuous weekly chart after fulfilling the technical requirements [...]

Crude Oil: The spot-month contract closed at $54.50, down $1.16 for the week. Crude oil is showing an interesting pattern on its continuous weekly chart. Last week’s low of $50.52 [...]

Crude Oil: The spot-month contract closed at $55.66, down $0.54 for the week. The market remains in a secondary (intermediate-term) 3-wave downtrend, posting a bearish outside range last week. While [...]

Crude Oil: The spot-month contract closed at $56.20, up $0.57 for the week. The market remains in a secondary (intermediate-term) 3-wave downtrend with initial support near $54.50. This price marks [...]

Crude Oil: The spot-month contract closed at $55.63, down $4.58 for the week. The market remains in a secondary (intermediate-term) 3-wave downtrend with initial support near $54.50. This price marks [...]

Crude Oil: The spot-month contract closed at $60.21, up $2.70 for the week. The rally in the market looks to be Wave 2 of a secondary (intermediate-term) 3-wave downtrend. The [...]

Crude Oil: The spot-month contract closed at $57.51, down $0.96 for the week. Crude oil’s daily chart is showing a strengthening minor (short-term) 3-wave downtrend. The market looks to be [...]

Crude Oil: The spot-month contract closed at $58.47, up $1.04 for the week. Crude oil extended its recent rally to a new high of $59.93 last week. This could still [...]

Crude Oil: The spot-month contract closed at $57.43, up $4.92 for the week. Crude oil posted a quick rally last week, though did not actually establish bullish turn signals. This [...]