‘Crude Oil’ Archive

Commodities Message To The World Is…

  CLICK AT CHART TO ENLARGE Commodity Bulls were easy to find in April of 2011, as 70% of investors felt like Commodities were the place to be. Since then Commodity ETF DBC is down 20%. Did it pay to follow the crowd or go against it in 2011? Investors feel a little bit different [...]

Most impactful commodity on the planet about to break down?

  CLICK ON CHART TO ENLARGE Is Crude Oil about to follow in the footsteps of the yield on the bell weather bond and break support? The left chart above highlights that the yield on the 30-year bond is breaking down, below a two-year support line.  The right chart highlights that Crude Oil and the [...]

Most important commodity on the planet breaking support?

  CLICK ON CHART TO ENLARGE Even though the media tells us of some unrest in the mid-east, Crude Oil is breaking support of a bearish rising wedge of late! On June 20th, Crude oil hit a short-term high on news coming out of Iraq and since then Crude Oil is down almost 10%. The [...]