2019 Oil Trading & Outlook: Crude Oil Reinforcing New Advance; 2nd Rally Imminent?

2019 Oil Trading & Outlook: Crude Oil Reinforcing New Advance; 2nd Rally Imminent? 01/12/19 Weekly Re-Lay: Crude Oil, Unleaded Gas & Heating Oil are showing signs of recovery after Crude reached the primary level of 2 – 3 year support – at ~42.00/CL  They turned their daily and intra-month trends up, confirming that multi-week lows are in place. Crude is […]

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Oil Markets Remain Weak; Energy/Equity Connection Bearish; Where is Crude Headed?

Oil Markets Remain Weak; Energy/Equity Connection Bearish; Where is Crude Headed? 12/01/18 Weekly Re-Lay: Crude Oil, Unleaded Gas & Heating Oil remain weak and continue to plunge since peaking in early-Oct. while perpetuating a 32 – 34 week low-low-low-(high) Cycle Progression in Crude.  That high fulfilled monthly & yearly cycles as well, setting the stage for a 6 – 12 […]

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