On Friday morning I created these charts on the price of crude oil, the energy sector stocks (XLU), and also the Canadian Dollar, which I think paint a clear picture of what to expect for the price of crude this coming week. I always like to look at the leading indicators of the asset which I am interested...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
04-06-2020
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Filed under: USO, dollar, oil, forecast, Canadian, market, Stock, crude, prediction, energies, higher, pricing, xlu [Edit Tags]
Another wild week for oil traders with missiles flying and huge overnight price swings in crude. As we recently pointed out within our current Oil research article , Oil and the Energy sector may be setting up for another great trade. We recently commented on how the supply/demand situation for oil has...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
01-08-2020
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Filed under: USO, oil, technical, analysis, ADL, crude, cycle, setup, gas, research, energies, TTL, article, super, ttt, entry [Edit Tags]
Last time oil peaked, it dropped nearly 20% soon afterward! Profit during times when most others can’t which is why you should join my Wealth Trading Newsletter for index, metals, and energy trade alerts . Visit our website to learn how you can see what this research is telling us. I am going to...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
01-08-2020
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Filed under: GLD, USO, gold, oil, opec, market, technical, Stock, ADL, crude, metals, precious, TTL, trader, east, middle [Edit Tags]
Normally, after tensions between Iran/Iraq and the US flare-up, Oil and Gold rally quite extensively but reversed sharply lower by the end of the session. Yes, Gold is 1% higher today and was up over $35 overnight, but Crude Oil has actually moved lower today which is a fairly strong indication that...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
01-07-2020
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Filed under: USO, oil, market, Stock, ADL, crude, US, trade, iran, energies, TTL, attack, missile, iraq [Edit Tags]
After the news of the drone attack on the Saudi Arabia oil refinery, traders knew this week would be full of bigger price moves, reversals and some real opportunity for profits. We were also well aware of the risks of engaging in these market moves prior to fully understanding the dynamics of this event...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
09-17-2019
Filed under:
Filed under: USO, oil, market, crude, iran, TTL, saudi, petroleum, drone attack, sands, yemen [Edit Tags]