We anticipate a Larger SELL in Crude Oil, the Curve is on deep Contango into Seasonal in December. Ideally we would like to sell 73 short term.
The Potential for a Squeeze in BitCoin is rising. 30,000 lets go and Sellers will indeed press their luck should it fail. Selling throughout the EU Session has gained momentum as the VIX broke it's UTL by 4 Ticks. We had issued a cautious note on Indices into July 20-22, 2021 as tensions were beginning to mount in the South China Sea. RTY has failed IT...
in coming week,oil will go downer (zigzag posible) arrow=powerful limit order place with sl location alert=oil 90% after touch big trend ,can start new up trend to 80$ , if you have old sells,must hedge them near big trend
It seems that my earlier trade on oil is going the way original planned. I have taken in and out several times waiting for this. False breakout after more false breakout. I always keep losses small though. Now I am in profit again and hopefully more. See prior link below for trade details. Miss Bunny
It's Crude Oil Friday. Friday's can be a nasty day for Sellers, as lower participation provides the potential for large reversals. CL has a habit of dipping into lows ahead of Fridays when in trend (down). It then has an extraordinary history of reversing and squeezing back up into resistance. Good Trading everyone.
Crude Oil Curve remains in Backwardation out to May 2022 @ 66.71. A clear warning sign. We will be selling to open CL SEP as Front Month (August) approaches 73.50, An inverse Ladder will be used off the -.382 up the -.618 The Curve supports our higher sells on the 77 Daily HWB of highs to lows, CL traded 76.98 - Sells to open were closed @ 71.57 although the...
technical say oil must see big trend line soon or late it can go up then go down or from now start go down buy limit on big trend is good idea too with sl =0.50$ (dont close sooner than 75)
It is as simple as that. Not much more to be said than that, the chart says it all. Too many touches on the resistance and we had the most insane capitulation in 2020. The production of oil has taken a big hit and the price will keep rising as demand comes back. That's bad for growth, but we are here to make money. Hedge your fuel expenses and go long Oil!
Hold the line and brace for impact! We are retesting strong supply at all time highs. Don't be suprised of a fakeout and drop on major news. We previously called the 4% drop on the colonial pipeline. I am predicting a 7-8% drop on the sp500 very very soon. Oil bearish. Crypto Bearish. SPX Bearish. Let's go Ninjas!
All week oil after returning the mid $60's WTI has done nothing - much like the Nasdaq I wrote about. There is overhead resistance. Today we have a little pop but are we in the midst of a V Reversal - with a lot of people thinking we are breaking out to $70 for WTI. Right now shorts are being squeezed (if there are any). There is a VPOC at $63.59 which is...
My historical analogue is predicting a small move higher to 4250 before crashing all the way down to 3920. This drop is a 7/8% move so something significant is going to happen. The previous drop I predicted turned out to be a "cyber attack" and price dropped 5% so who knows what it could be this time. I will be shorting the reversal and the subsequent bounces...
WTI Crude - Where to next? What a great week it has been! Time has flown by this yr - Next month we will be half way through the yr... Really great moves in G10 space and commodities as well. The FX 2021 Yr Ahead Outlook video produced those levels are coming into play! Want access? Message us privately (An updated video will be produced soon). Technical...
SNR Kampung Style. Valid on the said date only. Enjoy and feel it. Hopefully, it's useful. This is for study and educational purposes only.
Objective short from here, stop at or near $68 . Weekly MA's will probably be the target as of now I think 50 looks about right. Good luck!