WTI Crude (CL) Continues Major Bottoming Efforts

…in the headline above. Week’s Top 3 Trades includes technical analysis on: WTI Crude (CL) + Wheat (ZW) + Week’s Top Trade (USDCHF) Week’s Top 3 Trades has a similar format to Today’s Top 3 Trades which has been discontinued, where technical analysis is provided on 3 futures markets from the Watchlist which appear to have the highest chance in the coming week to reverse a prior/existing trend or to extend a current trend. Week’s Top 3 Trades is als…

WTI Crude (CL) Retesting Key 70 Level

…ogin Upgrade Membership to view all of today’s analysis on: Metals/Energy (WTI Crude | Gold) + Today’s Top Trade (Nasdaq100) Premium Members also have access to: Positions – Watchlist Futures/FX positions Monday-Friday Big Picture – Markets reversing trends or trending well, with technical analysis on monthly charts at the beginning of each month Today’s Top 3 Trades, Equities & ETFs, Coffee Daily, Crypto Weekly Outlook and all other Tradable Patt…

WTI Crude (CL) Breaks 2.5 Week Downtrend on 6% Spike

CL (WTI Crude) Technical Analysis

Please Register/Login to view Today’s Top 10 Trades. Each day, the top 10 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiri…

WTI Crude (CL) Tries Forming 1st Red Weekly Candle in 7 Weeks

…ogin Upgrade Membership to view all of today’s analysis on: Metals/Energy (WTI Crude | Natural Gas) + Today’s Top Trade (USDCAD) Premium Members also have access to: Positions – Watchlist Futures/FX positions Monday-Friday Big Picture – Markets reversing trends or trending well, with technical analysis on monthly charts at the beginning of each month Today’s Top 3 Trades, Equities & ETFs, Coffee Daily, Crypto Weekly Outlook and all other Tradable…

WTI Crude (CL) Weekly Gravestone Holds Just Above Key 80 Level

…in the headline above. Week’s Top 3 Trades includes technical analysis on: WTI Crude (CL) + Gold (GC) + Week’s Top Trade (USDCAD) Week’s Top 3 Trades has a similar format to Today’s Top 3 Trades which has been discontinued, where technical analysis is provided on 3 futures markets from the Watchlist which appear to have the highest chance in the coming week to reverse a prior/existing trend or to extend a current trend. Week’s Top 3 Trades is also…

WTI Crude (CL) Breaks Above Symmetrical Triangle on Daily Chart

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…ease Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL surged yesterday, trading briefly above 52 after breaking symmetrical triangle resistance on the daily chart. Next upside target appears at the March and February highs. The break above downchannel resistance (on the weekly chart) continues CL’s bottoming pattern. Weekly RSI, Stochastics and MACD, and daily and 4hr MACD ar…

WTI Crude (CL) Nearing 2015 High Ahead of Inventory #s

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…ease Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL continued its rally off last week’s higher low yesterday, fueled in part by the break above symmetrical triangle resistance (on the daily chart). Yesterday’s rally to 54 matched the March high, and paves the way for a test of the 2015 high at just above 55, just in time for today’s inventory figures. The break above downch…

WTI Crude (CL) Bounces off 38.2% Retrace of 48-52 Rally

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. WTI Crude (CME CL Apr15) Weekly/Daily/4hr/Hourly CL saw a bit of profittaking yesterday following Wednesday’s rally, retracing 38.2% of the up move from roughly 48 to 52 (as seen in the 4hr chart). CL is now in the middle of a sideways channel (on the daily chart) and significantly, trying to hold a break above a downchannel resistance line (on the weekly chart). Weekly and…

WTI Crude (CL) Continues Rallying on Bearish Inventory

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…ease Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL rallied strongly yesterday on the back of its inventory figures, before stalling at the psychologically important resistance level of 50. The rally further reinforced the break above downchannel resistance on the weekly chart. On the daily chart, CL appears to be nearing the end of a symmetrical triangle, where volatility…

WTI Crude (CL) Breaks Downchannel Resistance on Weekly Chart

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…likely to provide a trend reversal or ongoing momentum in the coming week. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL rallied yesterday ahead of the weekly inventory figures, pulled back slightly on its release, before surging higher in today’s Asian session, powering above downchannel resistance (on the weekly and daily charts), and upchannel resistance (on the 4hr chart). The potential double bottom cited earlier this and last week has…