A pause point for oil on the monthly chart?
As we move into the new trading month, albeit a short one, I thought it would be worthwhile to consider the monthly timeframe for crude […]
analysis of oil prices
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 next for the price of oil?
At the start of a new week and trading month, time to take a look at crude oil as it continues to claw its way […]
Where next for oil prices?
The trend reversal for oil is now well underway and as I outlined in previous posts the volatility trigger on ultrahigh volume would define the […]
An important day for oil
Oil was no exception today and joined the sea of red in most markets, but for volume traders today was an interesting one when we […]
Stopping volume on the weekly oil chart
In my last post for oil I wrote the following: So where next for oil? Another key level awaits below at $55 per barrel and […]
Oil takes out a key price level
In my last post for oil I highlighted the well developed area of support at the $58 per barrel region and its significance to the […]
WTI crude oil continues in sideways price congestion
WTI crude oil futures continued to trade in a narrow range once again today, oscillating between the $86 and $88 per barrel region, as the […]