WTI Crude (CL) Nearing 50% Retrace of 44-54 Rally Ahead of 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 Mar15) Weekly/Daily/4hr/Hourly CL sold off fairly aggressively in yesterday’s US morning session, briefly touching 50 around 1pm EST after having traded at a high of 54 Monday. The 4hr RSI, Stochastics and MACD are now all sloping down, suggesting more downside ahead of today’s inventory figures. A further dip post inventory may find support around the 50%…

WTI Crude (CL) Plunges Over 5% from Downchannel Resistance

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 Mar15) Weekly/Daily/4hr/Hourly CL has made a more than 50% retracement of the gains from the 3 day rally, and found its initial bounce in today’s Asian session at just above the 61.8% Fib retrace (of the same rally). The strong selloff began after CL hit its downchannel resistance (on the weekly chart) and accelerated with the break below the uptrend suppo…

WTI Crude (CL) Retesting Downchannel Resistance on Weekly Chart on Sharp Rebound

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 Mar15) Weekly/Daily/4hr/Hourly CL pushed lower in the early part of yesterday’s Asian session, only to power ahead over 5% during the European session. CL is now retesting its downchannel resistance (on the weekly chart) and appears to have made a double bottom (on the daily chart). The weekly and daily RSI, Stochastics and MACD are mostly sloping up, with…

WTI Crude (CL) Breaks Above Downchnanel Resistance 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 Mar15) Weekly/Daily/4hr/Hourly CL surged late in Friday’s session, particularly after its pit close, breaking above the downchannel resistance line (on the daily chart), and testing the more significant downchannel resistance line (on the weekly chart). The weekly MACD green line is beginning to flatten, while the weekly, daily and 4hr RSI and Stochastics…

Natural Gas (NG) Daily MACD Trying to Positively Cross

CL (WTI Crude) Technical Analysis

Please Register/Login to view Today’s Top 3 Trades (Natural Gas | WTI Crude | Wheat) On Jan 8, Today’s Top 3 Trades made another important tweak to its format due to suggestions by readers to maintain a top trade idea of the day, irrespective of asset class. Today’s Top 3 Trades provides technical analysis on 3 CME/ICE commodity/index futures or spot FX markets (with coverage for 2 markets from a designated asset class(es) for each weekday as see…

S&P500 (ES) 4 Month Ascending Wedge Nears Completion

NQ (Nasdaq100) Technical Analysis

…from the most recent edition of Today’s Top 3 Trades (S&P500 | Nasdaq100 | WTI Crude) Join 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg and Refinitiv, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or potential distribution partner, write to [email protected] to request…

Natural Gas (NG) Daily MACD Trying to Positively Cross

CL (WTI Crude) Technical Analysis

…market from the most recent edition of Today’s Top 3 Trades (Natural Gas | WTI Crude | Raw Sugar) Join 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg and Refinitiv, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or potential distribution partner, write to [email protected]

Cocoa (CC) Retesting Prior Daily Chart Downchannel Resistance

CT (Cotton) Technical Analysis

…rom the most recent edition of Softs (Cocoa | Cotton) + Today’s Top Trade (WTI Crude) Join the world’s largest asset manager and 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or potential distribution partner,…

GBPAUD Testing 61.8% Fib Retrace of May-July Fall

GBPAUD Technical Analysis

…from the most recent edition of FX (GBPAUD | GBPUSD) + Today’s Top Trade (WTI Crude) Join the world’s largest asset manager and 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or potential distribution partner,…

Cotton (CT) Reclaiming Weekly Chart Prior Downtrend Support

CT (Cotton) Technical Analysis

…rom the most recent edition of Softs (Cotton | Cocoa) + Today’s Top Trade (WTI Crude) Join the world’s largest asset manager and 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or potential distribution partner,…