For Wednesday, 76.98 - 77.43 can contain weekly buying pressures, below which 67.14 long-term support remains a 2 - 3 week objective.
Downside Wednesday, 71.99 can contain selling into later week, once tested 76.98 - 77.43 attainable within 3 - 5 days.
On the other hand, closing today below 71.99 indicates the targeted 67.14 by the end of next week, where the...
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
For Tuesday, 76.98 - 77.35 can contain weekly buying pressures, below which 67.14 long-term support remains a 2 - 3 week objective.
Downside Tuesday, 71.91 can contain selling into later week, once tested 76.98 - 77.35 attainable within 3-5 days.
On the other hand, closing today below 71.91 indicates the targeted 67.14 by the end of next week, where the market...
... for a .93 debit.
Comments: Mixing and matching profitable short put with profitable short call. 1.50 in credit collected for these two legs; 1.50 - .93 = .57 ($57) profit.
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
Crude Oil Weekly Volatility Analysis 9-13 Jan 2023
We can see that currently the implied volatility for this week is 5.72%
With this in mind, currently from ATR point of view we are located in the 74th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
*For calculations, I am using the data...
The return of oil.
I could explain why but its all fake so it doesn't really matter.
Here comes the clowns, to bring in the next act. Unemployed clowns....
Do you like your job? Well enjoy it while you can
Rates raise = Unemployment raise = Rates fall = Unemployment raises more = commodities fall
Lets watch unemployment raise and see if im right
My...
... for a 1.74 credit.
Comments: Selling the 9 delta put and the 21 delta call here in Feb as an additive delta adjustment. Net position delta leans a smidge long ... .
we know oil is very very very veryyyyyyyy trendy market and go against trend is very dangerous agree?
wait near 71$ low and after pinbar comes on 1h-4h-daily chart pick buy with sl in low and try hold it 2-3 week ,,,technical say oil upper target is 85 then 100 $
predict = we predict oil fair price is 50$,,,,aftter 2-3 uptrend wave it can go down wild ...
For Monday, 76.98 - 77.27 can contain weekly buying pressures, below which 67.14 long-term support remains a 2 - 3 week objective.
Downside Monday, 71.83 can contain selling into early later week, once tested 76.98 - 77.27 attainable within 3 - 5 days.
On the other hand, closing today below 71.83 indicates the targeted 67.14 by the end of next week, where the...
... for a 1.12 debit.
Comments: Pairing profitable short put with profitable short call ... . I sold the 94 short call for .79 and the 63 short put for .80 as part of short strangles I put on at different times, for a total of 1.59. Closing out here for 1.12 result in a .47 ($47) realized gain.
Still in the February 15th 66/91 for a 2.02 credit and the March...
4h crude futures have a $1.5 range at the moment.
Closing above 74.50 will open the way to 77.77,
below 73 = 69.69 is on the table...
I like those numbers... lol
