Tag: crude oil
Weekly Forecast: Is the Long Term Bull Market Still In Tact?
The S&P 500 (NYSEARCA: SPY) closed the week with a bounce off Fibonacci support at its 38% Fibonacci Fan and 23% Fibonacci retracement levels.
The...
Crude Oil “Runs” Into Stiff Price Resistance
The past two weeks have been very bullish for crude oil prices, with prices rising from a low of 50.60 to as high as...
COT Report Positioning: Crude Oil Rises Sharply On Iran Tensions
The chart below looks at non-commercial futures trading positions for Crude Oil. For the week Crude Oil closed higher by nearly 10 percent on US /...
Stock Market Eyes New Highs On Fed, Trade Deal Hopes
The U.S. stock market responded strongly to the news that U.S. President Trump and China President Xi will have an extended meeting at the...
Crude Oil Volatility Spike – A Classic Signal
The correction in crude oil has come as a shock to previously bullish traders and has rippled across global asset markets e.g. contributing to...
Crude Oil Decline Leaves Stock Market Feeling Hungover
There have been several analysts that have pointed out the decline in crude oil as being a bearish headwind for stocks.
In fact, both Chris...
Stock Market Futures: Waiting For A Range “Break”
Traders are tentative and cautious as the stock market continues to bounce around.
Though the stock market has shown characteristics of rangebound price behavior, it...
S&P 500 Weekly Overview and Trading Outlook: Bears Dig In
S&P 500 Trading Outlook (3-5 Days): Bearish
The break of 2831 was the first negative, but XLK, XLF violating support along with Crude oil and Bond...
Oil Breaks Down: Should Stock Market Bulls Be Worried?
A couple weeks ago, I wrote an article about crude oil's recent correlation to the S&P 500 (stock market) and that its initial move...
There’s A Lot Not Priced Into The Financial Markets
The following article is a part of my Gone Fishing Newsletter that I provide to fishing club members each week to identify macro inflection points and...
