Bullish on Crude oilNYMEX:CL1!
TVC:DXY
Right now as the Crude Oil prices are at *premium and technically we are around a strong support area I think we would see a rally somewhere between 67.5 and 72.5. However, this week, we have PMI and NFP news ahead so if the reports come out to support DXY, Crude oil might s
Can the HOUSE CAPITALIZE SHORT out of the CURRENT Consolidation?NYMEX:CL1!
"I DONT FOLD UNDER PRESSURE, Great athletes perform better under pressure so put pressure on me." -Floyd Mayweather Jr.
Top of the Sunday Morning Family. I hope we all are well and in gr8 spirits as we get ready to start this trading week. Here I have constructed this SHORT narrative
Oils last Hurrah till it heads back down towards $69Using history, EMA, Trendlines, and fibs I show that I believe oil will reverse course and start heading back down. This was just a relief rally like in the past as shown before it dontinues the downtrend.
Repairing the Damage. What's Next for Oil?The chart above is continuous front-month Crude Oil futures. We are referencing the July contract below.
Crude Oil (July)
Yesterday’s close: Settled 77.74, up 2.21
WTI Crude Oil futures notched a fantastic start to the week, gaining 2.93%. It is no coincidence the gain comes on the heels of a
Three Simple Technical Narratives Driving Crude OilPlease note that the chart above is the continuous front-month Crude, and we are referencing the August contract below.
Crude Oil (August)
Last week’s close: Settled 78.26, up 0.11
August WTI Crude Oil futures are front month and price action has consolidated terrifically out above the 21-day
WTI CRUDE OIL: Oversold offers a buy opportunity.WTI Crude Oil has turned oversold on its 1D technical outlook (RSI = 29.383, MACD = -1.620, ADX = 31.641) as the price is approaching the bottom of the 2 month Channel Down. As long as it remains under the 1D MA50, the long term trend will be bearish but the oversold conditions and the 1D MACD, whic
Thursday VooduWell we are in a sell program and we have respected this 1hr fvg.
So the remit is pretty simple for NY open..
Wait for a retracement for bearish prices.
The Bias is Bearish with the Magnet's as Price tragets for the weekly objectives.
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
QMN2024
E-mini Crude Oil Futures (Jul 2024)QMQ2024
E-mini Crude Oil Futures (Aug 2024)QMU2024
E-mini Crude Oil Futures (Sep 2024)QMV2024
E-mini Crude Oil Futures (Oct 2024)QMX2024
E-mini Crude Oil Futures (Nov 2024)QMZ2024
E-mini Crude Oil Futures (Dec 2024)QMF2025
E-mini Crude Oil Futures (Jan 2025)QMG2025
E-mini Crude Oil Futures (Feb 2025)QMH2025
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Frequently Asked Questions
The current price of E-mini Light Crude Oil Futures is 79.725 USD — it has risen 2.15% in the past 24 hours. Watch E-mini Light Crude Oil Futures price in more detail on the chart.
The volume of E-mini Light Crude Oil Futures is 6.43 K. Track more important stats on the E-mini Light Crude Oil Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For E-mini Light Crude Oil Futures this number is 995.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for E-mini Light Crude Oil Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for E-mini Light Crude Oil Futures. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of E-mini Light Crude Oil Futures technicals for a more comprehensive analysis.