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 […]
Chart of the Day – Wednesday, September 25th, 2019
Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a daily chart of Crude Oil futures over the past 12-months. The chart emphasizes the roller coaster ride that the commodity has been on recently. Last Monday, Crude Oil had its largest single-day percentage gain in over two decades. Price gapped […]
Crude Oil Surges
WTI Crude Oil rallied over 14% today to close at $62.88 per barrel. This marks the largest single-day percentage gain for the commodity since June of 1998. On Friday we ran a Twitter poll asking which level WTI Crude Oil will hit first, $50 or $60. While 54% of respondents said $60, I donβt think […]