Crude slips below support at ~$94…$CL_F pic.twitter.com/lDFXEnbieV — Ian McMillan, CMT (@the_chart_life) August 4, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). It’s a chart of Crude Oil futures over the past year and a half. Ian points out that Crude Oil is breaking below support around $94. It had flirted with […]
Chart of the Day – Wednesday, July 13th, 2022
Crude oil challenges the lower boundary of its current range. The path of least resistance is lower on a daily close below 94.25. $CL_F pic.twitter.com/xaobUd9RYx — Ian Culley (@IanCulley) July 13, 2022 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). Today’s CPI report had inflation at 41-year highs. Ironically, Crude Oil is […]
Chart of the Day – Thursday, June 9th, 2022
Going back to 1970s (using @Bloomberg historical crude price index), quite rare to see oil prices spike at this fast of an annual rate (orange) and not have a recession associated with it (late 1980s and early/mid-2000s were exceptions) pic.twitter.com/As2mnWEVH3 — Liz Ann Sonders (@LizAnnSonders) June 9, 2022 Today’s Chart of the Day was shared […]
Chart of the Day – Wednesday, June 8th, 2022
Crude oil futures are following through after last week's breakout. The next stop is the 2008 highs ~147. $CL_F #commodities pic.twitter.com/h95PJxCK65 — Ian Culley (@IanCulley) June 8, 2022 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). Crude Oil closed above $122 per barrel today, marking the second-highest close in more than a decade. […]
Chart of the Day – Tuesday, March 15th, 2022
If there is a place for energy to take a breather, what better place than this? pic.twitter.com/NDIXMbEIFW — Alfonso Depablos (@AlfCharts) March 15, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). The chart shows Crude Oil futures (black) and the Energy Sector (blue) over the past 13 years. Crude Oil is back […]
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