Tag: Oil

07-01-23 – “Energy markets are slowly building the case for a new advance… into Sept ‘23… Crude Oil, Unleaded Gas & Heating Oil are poised to enter a new advance after perpetuating an 11-week high-high-high-high-(low) Cycle Progression and a corroborating 27 – 29 day high-low-low-(low) Cycle Progression. A daily close above 72.69/CLU is needed to confirm a 2 – 4 week (or longer/larger) bottom.  That would potentially signal the onset of a new […]

06-30-23 – “Natural Gas is tracing out a potentially bullish daily trend and daily 21 MAC sequence, triggering an intermediate buy signal on June 29… that could spur an initial surge into [reserved for subscribers]… To set the stage, Natural Gas has been positive after fulfilling analysis for a multi-month bottom in June ’23 – a ~3-year cycle from the June ’20 low & the latest […]

06-29-23 – “Crude/Unleaded Gas have likely completed their corrections and should rally into ~Sept ’23… Crude Oil, Unleaded Gas & Heating Oil are poised to enter a new advance after perpetuating an 11-week high-high-high-high-(low) Cycle Progression and a corroborating 27 – 29 day high-low-low-(low) Cycle Progression this week.  A weekly close above 74.50/CLU is needed to confirm a 1 – 2 month (or longer/larger) bottom.  If triggered, that should spur a 2 – 3 […]

06-28-23 – “Crude Oil, Unleaded Gas & Heating Oil are poised to enter a new advance after perpetuating an 11-week high-high-high-high-(low) Cycle Progression and a corroborating 27 – 29 day high-low-low-(low) Cycle Progression.  A daily close above 72.69/CLU is needed to confirm a 2 – 4 week (or longer/larger) bottom. Natural Gas is positive after fulfilling analysis for a multi-month bottom in June ’23 – a ~3-year cycle from the June ’20 low & […]

06-24-23 – “Crude Oil, Unleaded Gas & Heating Oil are struggling to advance and could provide an additional spike low in the coming week, inverting the latest phase of an 11-week high-high-high-high-(low) Cycle Progression and timing an intermediate bottom… Natural Gas is positive after fulfilling analysis for a multi-month bottom in June ’23 – a ~3-year cycle from the June ’20 low & the latest phase of an ~18-month high-low-low-low-(low) Cycle […]

06-03-23 – “Crude Oil, Unleaded Gas & Heating Oil have consolidated after plunging from cycle highs on April 10 – 14 ‘23 – fulfilling an ~11-week high-high-high-(high) Cycle Progression and related 22-week & ~44-week Cycle Progressions as well as a ~76-day high-high-high-(high) Cycle Progression in the XOI.  The next phase comes into play in late-June/early-July ’23… The way in which Crude recently set a double bottom (March & May ’23 lows) is ushering in […]

05-31-23 – “Crude/Unleaded Gas have likely completed their corrections and should rally (surge?) into Aug/Sept ‘23… Crude Oil, Unleaded Gas & Heating Oil have consolidated after plunging from cycle highs on April 10 – 14 ‘23 – when they fulfilled an ~11-week high-high-high-(high) & related 22-week & ~44-week Cycle Progressions as well as a ~76-day high-high-high-(high) Cycle Progression in the XOI. The way in which Crude recently set a double […]

05-20-23 – “Crude Oil, Unleaded Gas & Heating Oil have rebounded after plunging from cycle highs on April 10 – 14 ‘23 – when a decisive top was projected in line with an ~11-week high-high-high-(high) Cycle Progression and corresponding 22-week & ~44-week Cycle Progressions as well as a ~76-day high-high-high-(high) Cycle Progression in the XOI. They are mixed on a near-term basis, with Unleaded Gas rallying to new rebound highs. Crude would […]

04-28-23 – “Crude Oil, Unleaded Gas & Heating Oil sold off after fulfilling cycle highs on April 10 – 14 ‘23 – the convergence of a myriad of weekly cycles as well as a ~10-month low (Oct ’20) – low (mid-Aug ’21) – high (mid-Jun ’22) – (high; mid-April ‘23) Cycle Progression.  Crude also fulfilled an ~11-week high-high-high-(high) Cycle Progression linked to previous highs in June, Aug & Nov ’22 and Jan […]

04-22-23 – “Crude Oil, Unleaded Gas & Heating Oil initially sold off after fulfilling cycle highs on April 10 – 14 ‘23 – the convergence of a myriad of weekly cycles as well as a ~10-month low (Oct ’20) – low (mid-Aug ’21) – high (mid-Jun ’22) – (high; mid-April ‘23) Cycle Progression.  Crude also fulfilled an ~11-week high-high-high-(high) Cycle Progression linked to previous highs in June, Aug & Nov ’22 and […]