Crude Oil has come under increasing downside pressure and has sold off to the 200-week ma at 66.15. We have various long term supports back to 64.54 (55-month ma) but given the sell signal on the weekly DMI AND the symmetrical triangle, which offers a downside measurement to 60.00, we continue to view this market as still vulnerable. Disclaimer: The information...
Crude Oil is probing key resistance - a close above which is likely to suggest another leg higher. The Society of Technical Analysts' next course starts in October. Those wishing to learn more about technical analysis can take a look at the Route to Diploma - Society of Technical Analysts, www.technicalanalysts.com Disclaimer: The information posted on Trading...
The Society of Technical Analysts' next course starts in October. Those wishing to learn more about technical analysis can take a look at the Route to Diploma - Society of Technical Analysts, www.technicalanalysts.com Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including...
Hey Traders just wanted to give an weekly forecast on what I see happening in the futures market this week. The S&P 500 Futures Market made another weekly all time high last week. The Oil futures market are still in an uptrend. Inflation fears are rising more and the US dollar futures market has broken out of weekly consolidation. The Bitcoin futures market also...