‘Crude Oil’ Archive

King Dollar investors establish most “Crowded Trade” in history?

CLICK ON CHART TO ENLARGE The above chart from Sentiment Trader, reflects that a ton of investors have established long positions in the U.S. Dollar. This chart reflects that traders have established the most unique positions in the U.S. Dollar in the past 20 years. Being long King Dollar for the past year has been […]

Crude Oil- Good place for a bounce to take place!

  CLICK ON CHART TO ENLARGE This chart looks at Crude Oil over the past couple of decades, on a monthly basis. Crude Oils large decline over the past 8 months took it down to its Fibonacce 23% retracement level and a support line at the same time. The large decline has driven monthly momentum […]

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 […]