Tag: crude oil
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...
Crude Oil Likely To Hit $127 After A Brief Pause
After a steep pullback, crude oil prices have reversed higher. I highlighted this bullish reversal in a research note here on See It Market...
Crude Oil and Energy Stocks, ETF (XOP) Heading Higher
We are not expecting crude oil or energy stocks to rally in a straight line up, but we are off to a good start.
The charts...
Big Oil and The Fallacy of a Windfall Profits Tax
Higher energy prices worrying you? Be afraid because Congress is coming to the rescue. Legislators are introducing a new bill called the “Big Oil...
Will High Gas Prices Usher In A Recession? (Historical Context)
While higher gas prices may be welcome news to the oil industry, the rest of us should be concerned as it is a glaring...
Will Oil’s Price Decline Offer A Lift To Stock Market?
Oil makes a reversal pattern and rejects its 80-month moving average; however, will the overall trend stay intact, or has Wednesday signified an end...
Could Peak Oil Be Happening Right Now?
Crude oil prices (and everything else) started rising with COVID and supply chain issues. And now that we are adding sanctions on Russia and...
Crude Oil Prices See Volatility At 61.8% Fibonacci Resistance!
The geopolitical scene across the globe is gathering intensity as western countries and leaders clamp down on Russia for sending troops into Ukraine.
This has...
Crude Oil Overbought, Elliott Wave Points To Pullback
It's hard to score profits by trading on news headlines, and the current environment makes it even harder. We prefer to rely mainly on...
Crude Oil Rally Reaches Super Breakout Resistance!
Inflation has been a growing worry for investors and consumers alike. And Thursday's Consumer Price Index (CPI) data didn't help, showing a 7.5% spike...
