Crude Oil Rally Tests Fibonacci Resistance… for 3rd Time!
Crude Oil Futures Price Chart
The Crude Oil rally is gathering momentum as Middle East tensions come to the forefront.
The rally has taken crude oil...
S&P Sector Analysis: Rough Decade for Energy Stocks
Maybe I’m showing my age, but it does not seem like that long ago when politicians were bashing big oil and market speculators for...
Are the Euro and U.S. Dollar Currencies Setting Up for Big Moves?
Euro Currency versus US Dollar Currency Charts
When the currency markets breakout or breakdown, the markets take note.
Big moves in the currency markets affect trading...
Crude Oil Reversal Higher Points To $62 Price Target
Crude Oil Futures Trading Chart
I am bullish crude oil for a trade here.
Oil prices held our MOB support line (see chart) and reversed higher.
The...
Crude Oil Price Outlook for November with Cycle Targets
Peering into the commodities sector, crude oil closed down nearly one percent last week.
This could have been much worse, but crude oil prices jumped...
Stock Market Today: Bulls Break Out Party Hats
Several major stock market indices in the U.S. are likely to make all-time highs this week.
On watch will be the banks and small cap...
Commodity Price Indices Produce Rally Fireworks
I must admit, it feels good to finally see some progress on my commodities’ obsession.
As the stock market indices are stuck in a large...
Will The Commodity Index Get Rejected By Price Resistance Again?
Commodities such as Gold, Silver, Natural Gas, and Crude oil have been rallying since early August.
Though this overall asset class has been mixed (see...
Saudi Attacks Push Oil Higher But Look For Quiet Week On Wall Street
The stock market was narrowly lower last week while Crude Oil prices spiked, along with the United States Oil Fund ETF (USO) spiked.
Investors are...
Crude Oil Bullish For A Trade: Buy The Pullback
Following Monday's one-day 10 percent spike in the price of crude oil, traders have been taking profits.
After rising as high as $63, crude oil...
