Continuing Story of Crude
With the OPEC volatility, has this ended the crude oil uptrend or is this a buyable dip that the OPEC production cut has been announced?
With the OPEC volatility, has this ended the crude oil uptrend or is this a buyable dip that the OPEC production cut has been announced?
Oil, bonds, US dollar, indices and more. The post-Powell environment has shaken up some markets while catapulting others.
In this video, we look at the wild gap higher caused by the FED action today. What is driving this market and how high can we go?
In this video, we look at the wild gap higher caused by the FED action today. What is driving this market and how high can we go? We evaluate the current levels and try to figure out how much gas is left in the tank. Lastly, we talk about whether to get long or short here and discuss each.
After a prolonged run without many pullbacks, crude oil has retraced to support. Here’s the setup.
The markets seemed to already have priced in what the news ultimately was and off to the races we go… and we have a great crude oil setup.
The slow grind continues as we start the new month of November in an ‘extended’ market. It’s important to know where we want to position ourselves, whether that be going long or waiting for a pullback. The key is having the right combination of trend, structure, and momentum. In this video, we’ll take a look at some key setups that I’m personally watching to take advantage of the current market.
We’ve been trading in an extended market for some time now, so it’s important to understand where we want to position size in respect to the current conditions. One of the sectors showing structure is the transports, IYT, with individual stocks within the sector like UNP and GS setting up with potential spots for new entries. We’ll discuss setups on our watchlist that are printing squeezes on multiple time frames to help us find pockets of strength in momentum. Could the 8 exponential moving average (EMA) be our new 21 EMA for entries? Watch the video for analysis and setups in this far from dull market.
Currencies and treasuries… right at the center of the taper conversation that traders and investors have been waiting for. Here’s what is on my radar.