Today’s Chart of the Day was shared in a note by Chris Kimble (@KimbleCharting). It’s a chart of Crude Oil (top) and Emerging Markets (bottom) going back to 2003. Chris points out Crude Oil and Emerging Markets have experienced several key turning points at the same time over the past 20-years. Both are currently […]
Chart of the Day – Monday, April 20th, 2020
How much blood will be on the street b/c of Crude Oil? Bankrupt trading firmsNYMEX — margin calls not metFutures Commission Merchants This is going to be ugly. Books will be written about today. $CL_F pic.twitter.com/toADhdLWC2 — Peter Brandt (@PeterLBrandt) April 20, 2020 Today’s Chart of the Day was shared on Twitter by Peter Brandt […]
Chart of the Day – Wednesday, February 26th, 2020
If this labeling is correct, target in Crude Oil becomes sub-$40 pic.twitter.com/e41fBTBTcE — Peter Brandt (@PeterLBrandt) February 26, 2020 Today’s Chart of the Day was shared on Twitter by Peter Brandt (@PeterLBrandt). It’s a weekly candlestick chart of Crude Oil futures. Crude has spent the past year in a well-defined range between roughly $50-$63 per […]
Chart of the Day – Friday, February 14th, 2020
$USO $UWT $CL_F on week six looks like range low holding = starting to scale in for a move back into the range pic.twitter.com/Cg8qUhR1wc — Cousin_Vinny (@Couzin_Vinny) February 14, 2020 Today’s Chart of the Day was shared on Twitter by @Couzin_Vinny. It’s a weekly candlestick chart of WTI Crude Oil futures over the past ~3 […]
Chart of the Day – Monday, February 3rd, 2020
Oil liquidation continues for the 15th down day out of the past 19. Technically oversold and coming into prior support. Careful trying to catch, but worth watching. $CL_F $USO pic.twitter.com/QMg0PrFQ72 — Evan Medeiros (@EvanMedeiros) February 3, 2020 Today’s Chart of the Day was shared on Twitter by Evan Medeiros (@EvanMedeiros). It’s a daily candlestick chart […]