2019 Oil Trading & Outlook: Crude Oil Poised for Multi-Week Rally into Feb. ‘19.
2019 Oil Trading & Outlook: Crude Oil Poised for Multi-Week Rally into Feb. ‘19.
01/19/19 Weekly Re-Lay: Crude Oil, Unleaded Gas & Heating Oil resumed their 2 – 4 week uptrends, in line with their daily trend patterns, and could extend these rallies into the first week of February, based on a recurring 2-month high-high cycle and an 18 – 19 day low-low-low-(high) Cycle Progression.
Crude Oil has recovered since fulfilling 4Q ’18 downside targets near 42.00/CL Oil markets validating potential for new rally into Feb. 2019. Stock Indexes are similar, reinforcing the energy/equity connection.
What are Upside Targets for Energy Markets? What is in store for 2019??
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.