Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June 2023 (see Monthly Analysis). The spot-month contract was priced near $2.45. [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. Additional needs could be [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. Additional needs could be [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. Additional needs could be [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. Additional needs could be [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. Additional needs could be [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. Additional needs could be [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was priced near $2.45. This past Friday saw [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. The spot-month contract was price near $2.45. This past Friday saw [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. Trend: Sideways. I still see the spot-month contract in a sideways [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. Trend: Sideways. The spot-month contract may have turned sideways on the [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. Trend: Up. The spot-month contract extended the market's intermediate-term uptrend to [...]

Theoretical Positions: 2023-2024 needs might’ve been covered based on the change in long-term trend at the end of June. If not, and given the DNAI algorithm is reducing its long [...]

Trend: Up. However, the market has moved into a sharply overbought intermediate-term situation. The DNAI in-house algorithm remains intermediate-term long but reducing positions Last Friday’s CFTC Commitments of Traders report [...]

Brent crude (QA): I'm not getting much of a read from either secondary (intermediate-term) weekly or minor (short-term) weekly charts. However, the major (long-term) monthly chart shows a bullish reversal [...]

Brent crude (QA): The market turned down last week as the spot-month contract broke trendline support. This not projects a downside target near $69.85. Additionally, the market took out its [...]

Brent crude (QA): The market remains in a secondary (intermediate-term) sideways trend between the high of $89.10 and low of $79.09. An upside breakout projects a target of roughly $99.10 [...]