Brent crude (QA): While I still see a secondary (intermediate-term) uptrend on Brent’s weekly chart, a solid argument could be made for a sideways trend between the recent high of [...]

Brent crude (QA): While I still see a secondary (intermediate-term) uptrend on Brent's weekly chart, a solid argument could be made for a sideways trend between the 4-week high of [...]

Brent crude (QA): Last week's selloff looks to be Wave 4 of a condensed 5-wave secondary (intermediate-term) uptrend. If so, the selloff needs to hold above the Wave 2 low [...]

Brent crude (QA): Brent crude remains in a somewhat disjointed secondary (intermediate-term) uptrend. Last week saw the contract complete a bearish spike reversal indicating Wave 3 of the 5-wave secondary [...]

Brent crude (QA): Brent crude still looks to be in the process of establishing a secondary (intermediate-term) uptrend on its continuous weekly chart. The key will be the spot-month contract's [...]

WTI crude oil (CL): The secondary (intermediate-term) trend could still be considered sideways as the February contract holds between the previous 4-week high of $82.72 and 4-week low of $70.08. The [...]

WTI crude oil (CL): The secondary (intermediate-term) trend has turned sideways on the market's continuous weekly chart after holding within the previous week's range last week. Weekly stochastics remain below the [...]

Brent crude (QA): The market extended its previous secondary (intermediate-term) downtrend last week. Seasonally the market should be approaching a bullish turn while weekly stochastics below 10% indicate a sharply [...]

Brent crude (QA): The secondary (intermediate-term) trend looks to have turned up last week as the spot-month contract completed a bullish spike reversal. Initial resistance is up at the previous [...]

Analysis The secondary (intermediate-term) trend looks to have turned down again The spot-month contract posted a new 4-week low the week of November 14, and again the week of November [...]

Analysis The spot-month contract posted a bullish spike reversal on its weekly chart last week Indicating the secondary (intermediate-term) trend has turned up Noncommercial traders decreased their net-long futures position [...]

Theoretical Positions Hedgers: Cash needs were locked in near the recent weekly close of $3.5178 Based on a bullish 2-week reversal Stops could be placed below last week's low of [...]

Theoretical Positions Hedgers: Cash needs were locked in near the recent weekly close of $3.5178 Based on a bullish 2-week reversal Traders: Long futures positions could’ve been established near the [...]

Theoretical Positions Hedgers There is no clear reversal pattern on the market's weekly chart That being said, those looking to cover cash needs could do so between last Friday's close [...]

Theoretical Positions Hedgers: Cash needs were locked in near the recent weekly close of $3.5178 Based on a bullish 2-week reversal Traders: Long futures positions could’ve been established near the [...]

Theoretical Positions Hedgers: Cash needs were locked in near the previous Friday's close of $3.5178 Based on a bullish 2-week reversal Traders: Long futures positions could've been established near the [...]

Theoretical Positions Hedgers: Those needing to lock in supplies for fall 2022 and beyond can buy near last Friday's close of $3.5178. Traders: Could still be long-term short near $3.83 [...]

Theoretical Positions Hedgers: Those needing to lock in supplies for fall 2022 and beyond can look for a secondary buying opportunity when the ongoing downtrend nears its end. Seasonally this [...]

Theoretical Positions Hedgers: Those needing to lock in supplies for fall 2022 and beyond can look for a secondary buying opportunity when the ongoing downtrend nears its end. Seasonally this [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]