2019 Oil Trading & Outlook: Crude Oil Projects Multi-Week Rally into Feb. ‘19.

2019 Oil Trading & Outlook: Crude Oil Projects Multi-Week Rally into Feb. ‘19.

01/23/19 Weekly Re-Lay Alert: 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.  That is reinforced by Crude’s weekly trend, which turned neutral on Jan. 18.

Unleaded Gas just pulled back to test (and hold) its now ascending daily 21 High MAC – even as the other two remained stronger – the potential for a new 3 – 5 day rally to now take hold.

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.

How High Could Energy Markets Rally?  What is in store for 2019??

Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.