‘Crude Oil’ Archive

Crude Oil- 50% average gain 12 months after this took place

CLICK ON CHART TO ENLARGE Crude Oil did something last month that is has only done nine other times in the past three decades! Crude Oil finished the month over 10% above its lowest price during the month, creating a potential reversal pattern, after a large 12 month decline. The upper left plots points where […]

Crude at a low, King Dollar at a high? Surprise a few investors?

  CLICK ON CHART TO ENLARGE Crude Oil’s decline has been rare in a couple of ways, percentage decline and how quickly it took place. The decline took it down to support that has been in play since the 2009 financial crisis lows. Momentum is now the lowest its been in over 20-years. Could the […]

Gasoline- Biggest 3-day bounce since 2008, looking good!

CLICK ON CHART TO ENLARGE  Gasoline ETF (UGA) has gained 12% in the past 3-days. This is the strongest 3-day rally since 2009 (left chart). The right chart graphs out the different times UGA has had large 3-day bounces since 2008. Full Disclosure…The Power of the Pattern suggested for members to buy UGA last week due […]