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Crude

Crude

Inverted H & S pattern? Crude has another good week. Resistance (Neckline) at 85. The boxes depict left shoulder and right shoulder. Ideally for the WTI bulls the right shoulder somewhat mirrors the left and then a breakout to multi year highs. Not a...
Crude

Crude

We mentioned back on 12/22 this close was technically favorable for the bulls. Not a recommendation to buy, sell or hold.
D

D

Watching for a close above the line. Not a recommendation to buy, sell or hold.
Crude

Crude

On Monday we mentioned WTI could eventually be headed to test support at 65 and or 60. We also mentioned a close above 75 would favor the bulls. Today’s close above last week’s high is also technically favorable in terms of a potential 5 wave pattern higher, currently...
Crude

Crude

Might be headed to various support levels. Not a recommendation to buy, sell or hold. Better for longs with an eventual close above 75.  
XLE

XLE

Levels of support and resistance. Pushing up against the 50 Day.