2019 Oil Trading & Outlook: Crude Oil Poised for 2nd Multi-Week Rally.
2019 Oil Trading & Outlook: Crude Oil Poised for 2nd Multi-Week Rally.
01/16/19 Weekly Re-Lay Alert: Crude Oil, Unleaded Gas & Heating Oil have seen the expected pullback but have not been able to neutralize their daily uptrends.
With the daily 21 MACs about to turn higher, this could spur another rally in energy markets…
Crude Oil has rallied since fulfilling 4Q ’18 downside targets at 42.05 – 42.65/CL A 2 – 3 day pullback would set stage for new multi-week rally as energy markets recover with equities.
Where Should Next Rally Culminate? What is in store for 2019??
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.