‘Crude Oil’ Archive

Fed pumping not having success here!

crudecopperfedpumpingbreakingsupportaug13

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Rumor has it that the Fed has been pumping money into the economy, hoping to get some growth and inflate a few different assets.

The two charts above look at Crude Oil and Copper, going back 20-years for each asset.

Some will say that stocks are near all-time highs due …

Crude Oil on its way to much lower prices? Impact S&P 500?

crudeoilhitsdualresistanceaug6

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Is Crude Oil on its way to much lower prices? A year ago Crude Oil started a bear market, as it broke below multi-year support, taking it below a support line that has been in play for the past 7-years.

After a 50% decline, a counter trend really took Crude …

Life could get cheaper if these break support!

bigpicturepic

A Big Picture signal could be coming from products most of use on a daily basis!

The 4-pack below looks at Crude Oil, Coffee, Copper and Cattle.

crudecoffeecoppercattelsupporttestjuly14CLICK ON CHART TO ENLARGE

Crude Oil broke below a support line that had been in place for the past 7-years. Of late it kissed the underside of …