WTI Crude (CL) Hits Downchannel Resistance on Weekly Chart

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

Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL plowed further ahead yesterday, easily slicing through 50 to 54 intraday, before encountering downchannel resistance (on the weekly chart). The weekly MACD green line is beginning to turn up, suggesting a positive crossover soon, and followingRead More

S&P500 (ES), Nasdaq100 (NQ) Breaking Upchannel Support (Late October-Yesterday)

VIX (Wkly/Dly/4hr/Hrly) Charts

Please Register/Login to view today’s complete Newsletter. VIX (CFE VX Dec14) Weekly/Daily/4hr/Hourly VX staged a decent rally yesterday, bouncing off descending wedge support as seen on the daily chart, and coming to within a whisker of the July/September lows at roughly 15. This resistance level coincides with the downchannel in the 4hr chart and theRead More