Another positive week for oil, but short term weakness ahead
It was another positive week for crude oil, which continues to develop the bullish momentum I suggested recently. In my last post, I wrote we […]
where did oil prices trade at yesterday
All about levels for oil prices
Levels are now in play on the daily chart for WTI futures with two in particular helping to define and shape the technical picture as […]
Futures trading in the US session and background to oil
As we start in the US futures session, Anna explains the background and forces now aligned as the price of oil collapses and triggers panic […]
Rally for oil fades quickly
This week’s rally for oil was a short-lived affair. Monday’s rally was supported by good volume and followed on from the buying we saw in […]
Oil developing in congestion and preparing to move higher
Next a look at oil, and again from my post of last week this is what I suggested on the daily chart: Note the high […]
Oil continues its bullish momentum
Oil is the second of our commodities much in focus today, with Friday’s knee jerk reaction to the geopolitical events propelling it higher on the […]
Oil building a bullish platform
Another chart which is technically interesting is that for West Texas Oil on the weekly chart. This is another market I follow closely and in […]