‘Crude Oil’ Archive

Large Bullish Wick takes place at support, of hardest hit sector!

  CLICK ON CHART TO ENLARGE The past 90 days have not been kind to Crude Oil or Energy Stocks. Energy ETF XLE is down 15% in the past 90 days, talking about a big punch in the face! This decline took XLE back to rising support off the 2010 lows and created a large […]

Putin-Nado Strikes

  CLICK ON CHART TO ENLARGE Crude Oil breaks 5-year support. Putin-Nado taking place? First long-term support comes into play at $70 (see here) Will it be reached??? Massive crowded trade in Crude is unwinding (see here)  – -

Massive “Crowded Trade” starts to unwind as support breaks in Crude Oil

  In the investing game, it can be painful if you are part of a crowded trade at the wrong price point. The chart below reflects that a “Crowded Trade” took place in the Crude Oil market as it was hitting resistance. CLICK ON CHART TO ENLARGE On August 1, Premium Members shorted Crude oil […]