Bullish momentum for oil continues
As expected, oil has continued its longer-term bullish sentiment and is now moving firmly towards the $85 per barrel price target I highlighted some time […]
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Where next for the price of oil?
I was taken to task recently by one of my readers who suggested my bullish analysis for oil was well off the mark and in […]
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 […]
Weakness in oil signaled with volume in the recent rally
Time to revisit the daily chart for oil, and as I forecast last week, the recovery off the plunge lower looked weak, and we could […]
The oil bear trap has been sprung
With all the recent headline news for oil, many have missed the trap on the daily chart for the WTI contract for June which has […]
Stopping volume on the daily oil chart
The WTI futures contract for oil and the April contract is delivering some interesting price action on the daily chart, and one on which VPA […]
Oil trading in the US futures session on NinjaTrader – tick and time charts
In this session, we focus on trading oil on the NinjaTrader platform and the CL contract with some excellent scalping trades on both tick and […]
A balancing act for oil
As we come to the end of another trading year, oil is now balanced at a delicate tipping point, both fundamentally and also technically in […]