In today’s #marketinsights video recording I analyse #Crude #Oil and #Gold!
Despite #wti should be under pressure on the last #API build, #Brexit, #US-Sino and oil field attacks by ISIS held the commodity upbeat!
Meanwhile, in UK politics the "meaningful" vote took a U-turn to what I like to call "meaningless" vote as parliamentarians did indeed approve #BoJo's...
This week there was a huge surprise US oil inventory build (10 million barrels, 3 times the analyst estimate) due to US sanctions against the shipping company COSCO. However, we also got a Brexit deal today. Oil has been struggling to decide which way to move on all this news. The trend appears to be downward, but it's not confirmed until it breaks below the...
There's lots of bad news for crude oil prices right now.
Yesterday, OilPrice.com reported that "the American Petroleum Institute (API) has estimated a large crude oil inventory draw of 5.92 million barrels for the week ending September 26—a surprise compared to analyst expectations of a 1.567-million-barrel build." This morning, the US Energy Information...
Oil settled at the resistance zone by testing the institutional level of @60.000. The EIA inventory report showed a massive cut of 12M barrels last week while Russia and China agreed to extend their cuts on a 9-months span. Prices remain bullish and we might expect a bullish continuation : However a strong pullback from Friday June 28th exalts us to remain...
please note that the formation inside the circle was made right on supportive SMA.
Following the pannant made on Monday and the run made this morning, price pulled back from 59,50 to return below 59 and find support on the ascending SMA at approx 58,73 and bounced to gap up right after release of API Weekly Crude Oil Stock which was supportive for bulls....
TWLO TWLO has been oversold and great day momentum trade. Looking for resistance below current price around $63.50 area.
Market Cap is higher than Enterprise value, but the world is going to need more of what they offer....6.47B vs 6.1B.
VIX Rult #1
VIX Rule #2, don't forget Rule #1
VIX Just reminding you
About; Twilio Inc. offers Cloud Communications...
What’s on the technical side?
As you can see on the daily chart, crude oil has dropped below 70, crossing 50 periods EMA from the upper side. For the moment, it’s trading above a bullish trendline support at $66. The leading indicator RSI is entering the sell zone.
Hello Cryptocurrency traders !
You've probably wondered, Why can't i use Tradingview to Place and View my orders ?
Or maybe you've created a strategy that is profitable, and would like to run an automated strategy.
But unlike our non-crypto colleagues, We have no proper ability to connect to our Exchanges.
That's very unfortunate, but why ?
Ill be watching this one closely, looks like accumulation... BUT hasn't been smacked to 50% pullback area..yet
I know it does HAVE to but it certainly helps, especially if its to make a permanent move up