Browse
Time

LIGHT CRUDE OIL FUTURES

NYMEX:CLN2016
 
     
 
    
Prev
 
Open
 
Volume
 
1 Day Range
  -  
EPS
 
Mkt Cap
 
PE
 
Trending
Today
Trending
Most Discussed
Most Viewed
Most Agreed
All Ideas
Today
This Week
This Month
All Time

CLN2016 Commodities Futures Chart

 

News

Trade888 Trade888 CLN2016, 15, Short ,
CLN2016: CL 15 Sliding down the fork
5 0 1
CLN2016, 15 Short
CL 15 Sliding down the fork

Sliding down the fork. Hit 50% retrace of the Low to low Fib. extension. Target now might be 47.50

Trade888 Trade888 CLN2016, 15,
CLN2016: CL 15  Flat in the Channel
3 0 1
CLN2016, 15
CL 15 Flat in the Channel

Looks like the consolidation above ; except now CL is at a low instead of a high. A 50% retrace takes us to $50

Trade888 Trade888 CLN2016, 15,
CLN2016: CL 15     Falling off the fork?
3 0 1
CLN2016, 15
CL 15 Falling off the fork?

CL did break support and then fell to the lower ray of the fork. Perhaps falling off the fork with a target of 50 - 61% retrace

PerpetualLearner PerpetualLearner PRO CLN2016, 60, Long ,
CLN2016: Expecting another upswing in crude Oil from here
38 0 4
CLN2016, 60 Long
Expecting another upswing in crude Oil from here

Based on my own indicator in hourly charts which is confirmed on multiple timeframe I am expecting another upswing from here. Entry at 50.40 Target : 51.45 Stop : 49.94

zhipengcfel zhipengcfel CLN2016, D, Short ,
CLN2016: Oil mid-term top detected
309 3 7
CLN2016, D Short
Oil mid-term top detected

1. ABCDE wave of wedge pattern finished; 2. Bat pattern completed; 3. Bearish Engulfing Pattern; 4. Bearish divergence; 5.Channel resistance; Good luck for everyone!

Trade888 Trade888 CLN2016, 15,
CLN2016: CL 15   HH HL
6 0 1
CLN2016, 15
CL 15 HH HL

Definition of an up trend HH and HL.

DorofeevML DorofeevML PRO CLN2016, D, Long ,
CLN2016: Oil WTI Uptrend continuing
29 0 3
CLN2016, D Long
Oil WTI Uptrend continuing

Buy retracement near lower line of rising wedge(?) Canceling = breaking the lower line of rising wedge

Trade888 Trade888 CLN2016, 15,
CLN2016: CL 15 up to resistance
1 0 1
CLN2016, 15
CL 15 up to resistance

ON (over night) range is 93 ticks which is above recent average. Rallied into resistance

Trade888 Trade888 CLN2016, 15,
CLN2016: CL 15 There has been a change
3 0 1
CLN2016, 15
CL 15 There has been a change

Has broken up from the last fork Found resistance Perhaps we see a retrace now

WeeklyTrader WeeklyTrader CLN2016, D, Short ,
CLN2016: CLN2016 Two Line Break
11 0 1
CLN2016, D Short
CLN2016 Two Line Break

We come to the 2nd Gap's edge...

Trade888 Trade888 CLN2016, 15,
CLN2016: CL 15  Two major news items in one day
3 0 1
CLN2016, 15
CL 15 Two major news items in one day

First the non-news from OPEC resulted in a drop to the median and then the Inventory draw-down resulted in a raly to the top rail. This fork is still showing the structure of the move with price wandering just outside the fork. There was a higher low and now a lower high. So sideways recent action. The target is going to have to be moved over in time.

Trade888 Trade888 CLN2016, 15, Short ,
CLN2016: CL  From one side to the other
3 0 0
CLN2016, 15 Short
CL From one side to the other

Bouncing down the fork

Trade888 Trade888 CLN2016, 15, Short ,
CLN2016: CL Structure points illustrated by the pitchfork
8 0 2
CLN2016, 15 Short
CL Structure points illustrated by the pitchfork

Interesting how the CL rallied up to this median and fell to it later. Perhaps it will guide us to the 61 to 75% retracement target and support at 47.50

Trade888 Trade888 CLN2016, 15,
CLN2016: CL having trouble at 61 to 75 zone
5 0 1
CLN2016, 15
CL having trouble at 61 to 75 zone

Given the slow pre holiday trade , best to let the market show its hand this morning. Note the hesitation at the 61 to 75% retracement zone. Possible down if trades below 49.30

Trade888 Trade888 CLN2016, 240,
CLN2016: CL Riding the Median (for now)
14 0 1
CLN2016, 240
CL Riding the Median (for now)

Don't fight the trend. For now the trend is up. However note the divergence in CCI and Sqz. Fundamentals are that production is still higher than normal and there is lots of inventory. Target is 50% fib at 44 where there is also support.

Nebula666 Nebula666 CLN2016, 240,
CLN2016:  Closer look
23 0 1
CLN2016, 240
Closer look

Just rolling the dice

Can.Yildirim Can.Yildirim CLN2016, D,
CLN2016: OIL Analysis
79 0 1
CLN2016, D
OIL Analysis

We are currently inside of the monthly suplpy zone. Because of that, buying opportunities may be risky aroudf here. One can take a confirmed buying opportunity inside of a daily demand zone (48.49-47.25) but only for a short-term purpose. I want to be willing seller if daily chart gives us a selling opportunities. Otherwise, i will be thinking again buying ...

954trader 954trader CLN2016, 30,
CLN2016: Playing spread  - 50 / 47 on CL_F$
12 0 0
CLN2016, 30
Playing spread - 50 / 47 on CL_F$

CL_f has bounced of support @ 48.40 while prev. week has supported break above this level. this is possibly last area of resistance before move back to 49.x ish level.. considering playing Spread to take advantage of range between - 50 / 47

12Show More Ideas
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out