Tag: crude oil

S&P 500 Futures Trading Update: Into Overhead Resistance

Broad Stock Market Futures Outlook for May 14, 2018 Charts remain in bullish formations holding higher support but a series of measured moves across indices suggest...

S&P 500 Futures Update (May 11): Into Price Congestion

Broad Stock Market Futures Outlook for May 11, 2018 Though I have seen upward motion continue past 7 days, it is not the rule of...

S&P 500 Futures Update: Short-Term Bullish Targets

Broad Stock Market Futures Outlook for May 10, 2018 Buyers held support and we are pressing higher into new resistance. Pullbacks are still likely to find...

Crude Oil Update: Bullish Posture Has Room To Mid-$70’s

Quick update on West Texas Crude Oil (WTI).  Not much change to my view here. Crude Oil is currently sitting around $70/barrel after breaking out...

S&P 500 Futures Trading Update: Watch Those Fades

Broad Stock Market Futures Outlook for May 9, 2018 Deep fades found buyers in a news-heavy day yesterday.  Buyers have prevailed across the board and now sit...

Will Surging Oil Prices Take Down Stocks & The Economy?

THE SAME NARRATIVE OVER AND OVER AGAIN Jesse Livermore's "there is nothing new on Wall Street" applies to the never-ending commentary about the impact of...

S&P 500 Futures Update: Bulls and Bears Collide

Broad Stock Market Futures Outlook for May 8, 2018 Charts currently hold sideways action as decisions remain unresolved for continuation. Caution here as both sides of the...

S&P 500 Futures Update: Key Resistance Levels For May 7

Broad Stock Market Futures Outlook for May 7, 2018 Friday’s rally is continuing into Monday morning. We are on the hunt for resistance in the broad stock...

S&P 500 Futures Trading Update: Eyes On 2622

Broad Stock Market Futures Outlook for May 4, 2018 Yesterday's commentary gave us a textbook motion for the charts.  Today, we wait for news that may...

S&P 500 Futures Trading Outlook For May 3

Broad Stock Market Futures Outlook for May 3, 2018 Edges tested repeatedly are likely to break and we are seeing this today. Deeper dips will find buyers...

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