Weekly Analysis: Energies
WTI Crude Oil Weekly Close: $37.33, down $2.44. Secondary Trend: Down. Spot Spread: (-$0.32) = Neutral. Market Type: 2 = Bearish. Price Distribution: NA. Target: $30.90 to $26.93. Analysis: The [...]
WTI Crude Oil Weekly Close: $37.33, down $2.44. Secondary Trend: Down. Spot Spread: (-$0.32) = Neutral. Market Type: 2 = Bearish. Price Distribution: NA. Target: $30.90 to $26.93. Analysis: The [...]
WTI Crude Oil Weekly Close: $39.77, down $3.20. Secondary Trend: Down. Spot Spread: Downtrend = Bearish. Market Type: 1 = Most Bearish. Price Distribution: NA. Target: $30.90 to $22.95. Analysis: [...]
WTI Crude Oil Weekly Close: $42.97, up $0.63. Secondary Trend: Sideways. Spot Spread: Downtrend = Bearish. Market Type: 4 = Neutral-Bearish. Price Distribution: NA. Target: $43.49. Analysis:The market continues to [...]
WTI Crude Oil closed at $42.34, up $0.33 for the week. Trends: Secondary = Sideways. Targets: None. Analysis: The market looks to be nearing a secondary top with the spot-month [...]
WTI Crude Oil closed at $42.01, up $0.79 for the week. Trends: Secondary = Sideways. Targets: None. Analysis: The market looks to be nearing a secondary top with the spot-month [...]
WTI Crude Oil closed at $41.22, up $0.95 for the week. Trends: Secondary = Sideways, nearing a downturn. Targets: None. Analysis: The market looks to be nearing a secondary top with the spot-month contract sitting below its [...]
WTI Crude Oil closed at $40.27, down $1.02 for the week. Trends: Secondary = Sideways, nearing a downturn. Targets: None. Analysis: The market looks to be nearing a secondary top [...]
WTI Crude Oil closed at $41.29, up $0.70 for the week. Trends: Secondary = Sideways, nearing a downturn. Targets: None. Theoretical Position: Those wanting to establish short position could do [...]
WTI Crude Oil closed at $40.59, up $0.04 for the week. Trends: Secondary = Sideways, nearing a downturn. Targets: None. Analysis: The market looks to be nearing a secondary top [...]
WTI Crude Oil closed at $40.55, down $0.10 for the week. Trends: Secondary = Sideways, nearing a downturn. Targets: None. Analysis: The market looks to be nearing a secondary top [...]
WTI Crude Oil closed at $38.49, down $1.26 for the week. Trends: Secondary = Down. Targets: None Analysis: Weekly stochastics established a bearish crossover above the overbought level of 80% [...]
WTI Crude Oil closed at $39.75, up $3.49 for the week. Trends: Secondary = Up but overbought. Targets: Secondary $43.48 to $51.37. Analysis: The spot-month contract established a bullish outside [...]
WTI Crude Oil closed at $36.26, down $3.29 for the week. Trends: Minor = Down. Secondary = Up but overbought. Targets: Minor = $28.84 to $21.67. Secondary $43.48 to $51.37. [...]
WTI Crude Oil closed at $39.55, up $4.06 for the week. Trends: Minor = Up but sharply overbought with daily stochastics over 90%. Secondary = Up but overbought. Targets: Secondary [...]
WTI Crude Oil: The spot-month contract closed at $35.49, up $2.24 for the week. The spot-month contract is quickly approaching the gap down between $41.05 and $36.35 left the weeks [...]
WTI Crude Oil: The spot-month contract closed at $33.25, up $3.82 for the week. The contract extended the market’s secondary uptrend to a high of $34.66 last week. Resistance on [...]
WTI Crude Oil: The spot-month contract closed at $24.74, up $4.96 for the week. As the market continues to recover from the anomaly of the May contract falling to a [...]
WTI Crude Oil: The spot-month contract closed at $22.76, down $5.58 for the week. While the secondary trend still looks to be up following the previous week’s bullish key reversal, [...]
WTI Crude Oil: The spot-month contract closed at $21.51, down $1.12 for the week. The spot-month WTI contract consolidate within the previous week’s range, though closed within striking distance of [...]
WTI Crude Oil: The spot-month contract closed at $22.63, down $9.10 for the week. The spot-month WTI contract extended its secondary (intermediate term) and major (long term) downtrends last week [...]
WTI Crude Oil: The spot-month contract closed at $31.73, down $9.55 for the week. The spot-month WTI contract left a bearish price gap between the previous week’s low of $41.05 [...]
WTI Crude Oil: The spot-month contract closed at $41.28, down $3.48 for the week. The spot-month WTI contract extended the major (long term) downtrend to a low of $41.05 last [...]
WTI Crude Oil: The spot-month contract closed at $44.76, down $8.62 for the week. The spot-month WTI contract quickly erased signs of a secondary (intermediate term) uptrend as posted a [...]
WTI Crude Oil: The spot-month contract closed at $53.38, up $1.06 for the week. The spot-month WTI contract extended the recently established secondary (intermediate term) uptrend to a high of [...]
WTI Crude Oil: The spot-month contract closed at $52.05, up $1.73 for the week. The spot-month WTI contract looks to have posted a bullish 2-week reversal, indicating the market’s secondary [...]