Category Archives: Oil

NatGas Update

New! Flourish Alerts launched in September – for details, click here Natural Gas is still in its 2 year cyclical trend.  After 7 attempts, it finally broke the 50 Week MA at 3.10. However, two more major LT moving averages – … Continue reading

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WTI – update

Comments are in the chart. I would maintain a short position until 50.75 is taken out as the break above the 200 DMA has not produced a significant run (as yet) and the daily & weekly stochastics are signalling a … Continue reading

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WTI still trending sideways

Despite the OPEC output cuts (promises?), various supply disruptions in the Gulf & the worsening situation in Venezuela, WTI hasn’t been able to break out of the 14 month sideways range (42-52). Now come the effects of Hurricane Harvey and … Continue reading

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WTI – the small pennant & the big wedge

On Aug 7, I posted a WTI chart on StockTwits – basically a bullish pennant based on which my expectation was for a continuation of the current run up. However, I do not expect WTI to run beyond 52/53 for … Continue reading

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