Crude Oil’s Next Big Move Hinges on Key Resistance Level!
Rising oil prices have been the face of inflation, as everyone sees (and feels) the pain at the gas pump.
So what's next for crude...
Natural Gas (UNG) Explodes Higher, Eyes Overhead Price Target
Inflation is felt the most with food and energy. Today we look at the latter, focusing on rising natural gas prices.
In particular, we look...
Commodities Index Ready To Break Out? Watch Australian Dollar!
In the commodity-currency correlation department, commodity bulls know that a strong Australian Dollar is a tailwind for commodities.
Today, we look at both - The...
Stock Market Outlook Brightens on Persistent Buying
The S&P 500 rallied 1.61% and proved out the theory that the day after the tax filing deadline has tended to be more bullish...
Crude Oil Nearing Inflection Point: Watch This Triangle!
Inflation concerns turned into nightmares for some over the past several weeks as crude oil prices rocketed higher on the heals of overseas tensions,...
Crude Oil Surges Into March, Ends Month In Bear Market!
This is not an April Fools day joke! After surging into the front end of March, crude oil reversed course and headed lower by...
Crude Oil Reverses Higher Once More – What To Watch
The near-term targets in WTIÂ Crude Oil were hit, and traders got a pullback to buy into.
Now is where things get tricky. The latest bullish...
What To Make Of Commodities Reversals
Tuesday, many commodity ETFs gapped lower while the major indices gapped up.
Additionally, the Russell 2000 (IWM) finally cleared its pivotal price level at $209.
However,...
Is Crude Oil Creating Historic Bearish Price Reversal?
The Ides of March are in full effect. Investors have been rocked by war, inflation, and financial markets volatility.
At the center of all of...
Crude Oil Price Peak? Elliott Wave Points To Correction
What can you do when the market goes hard against the trade you just entered? Here we revisit our February post about crude oil futures (symbol...
