Crude Oil – April 8, 2026

Crude Oil has a BUY pattern appearing …

Apologize for being absent for so long during this volatile time. Honestly, moved into a new start up doing amazing things and, while I’ve certainly had my one eye on the market every day, I really haven’t been paying attention to it because, well, even though a TON of long term targets were hit and the volatility is pretty wild, it really HASN’T broken down …yet. I say yet, not as a fatalist, not at all. But just from the fact that our brothers and sisters in Egypt are w/out power – right now. Yup, they cut it. Look it up … Over in Asia, fuel shortages and rationing and minimal work days. The supply chain has been severely disrupted folks and, once again, if you are in the US we are sitting pretty – for now – due to our energy independence and a host of other things. And, trust me, that’s just me looking at it objectively. This is going create a rougher patch than the ‘glancing flesh wounds’ that are hitting peeps here and there … in the immortal words of the Dude “well, that’s your opinion man …” Yup and that is all it is …

So, w/ all the emotion flowing around I thought I’d take a look at Crude. Haven’t looked at it for a LONG time. Why? Mostly, because I didn’t know what to do w/ that -40 ish price. Yeah, no kidding … but, tonight, I just went “screw it, that was a price, so it counts.” Certainly appears to work …

What’s pretty amazing? In the height of, one would say, emotions like those who remember living thru 9-11, this conflict with Iran ranks up there in the “big deal” world. Guess what, the ratio’s and patterns are present throughout the conflict! Don’t believe me? See below … fractals peeps, it’s all fractals.

Ultimately, we will realize that the ‘seed’ is EVERYTHING. That initial measured move vector from an IPO or a big low or high contains the ‘DNA’ for that security. It has to be that way … just like the entire universe, that DNA creates a harmonic musical representation of the vibrational interactions of anything or anyone interested in said security at the quantum level which then creates the summation vibration of those emotions represented in price and time. Guess what, nature does the same thing …

So, after letting the emotional vibration play out in both fear and euphoria …they have left us THE seed to now manage risk in this insane environment. You see what happened there …? While you go thru the same emotions as those actually trying to trade these insanely volatile moods, you contribute to the footprint that is being left on the charts but you have the discipline to wait. So, you wait for the emotions – for this particularly security of Crude Oil Continuous Futures – to form the measured moves which are now your graphical representation of – get this – the vibration associated w/ crude oil and this current conflict. Yup …

Now, ALL futures moves in this emotional environment will be harmonic to the footprints left behind by the masses. Below is our first attempt to harness that information:

Crude Harmony – June 20, 2023

Finished – somewhat – moving into the new rental out here in San Diego. (I REFUSE TO BUY OUT HERE) … little bit brain dead but “something” told me to take a look at crude oil futures and that bizarre low of -40 bucks. Could that low be harmonic?

Of course not .. well, shoot, it was:

So .. what the heck are we looking at:

  • Crude Oil Monthly – LOG (key, these are percentage moves) since 1984. Couldn’t get anymore data that that.
  • The 1.3348 is a ratio (Perfect 4th) for the equal octave scale of music.
    • 1.3348AB = CD and the extension from the “old” all time low was, yes, 1.3348.
    • A good technique to use is to look at the last MAJOR retracement and see what that number was … in this case .749. TILT … well take 1/1.3348 and we get .749. The market did, in fact, give us a clue. Pretty wild …
    • The dashed blue move down? .786 the blue measured move …
    • The move up to the old all time high? 1.1892 which is the ratio for the “minor 3rd”
    • Last, and this was the “kicker” for me … using the open/close after the negative spike low … the high at 130 was exactly equal to that measured move. Nice …

Anyway, just bored so thought I would cruise the charts.

I’m looking to get long Crude OBTW …

Bart

the Crude Oil Complex

charts suggest a near term low in place for crude and a bounce (a bounce only) to be expected …

note the correlation of Crude, OSX, Loonie vs USD, Crude/Gold Ratio

note the largest and consistent percentage decline is exactly hitting …. 77.46%

Loonie Double Bottom with Crude at percentage decline (?)

if this chart moves up then so does Crude …
topping …?

Crude Oil

w/ the SELL pattern on Gold/Oil complete then a corresponding BUY of oil is a probable pattern up into 32-33

if you take a look at the last post on the GOLD/OIL ratio and the sell ratio for Gold – if it holds – will strengthen Oil and the buy at 22 on Oil could take a nice rally up to 32-33

Crude, Chevron (CVX) and Exxon (XOM)

one more wave of selling appears to complete 5 wave sequences across the board …

net-net appears that this bounce will be followed by another wave of selling .. then, some VERY nice targets appear. would maintain patience until lower targets are hit for a LONG opportunity

Crude – BUY PATTERN in/around 52-53

like the EEM … big support here. if we lose it, look out below …

note, the 15 minute and 240 minute patterns … it shows the fractal nature of the market and, in this case, we have a pattern (15 minute (orange w/ dashed black outline) w/in a BIGGER 4 hour pattern (light blue)

kind of cool, I guess.

B

Crude Oil Update, ratio of XLE/NYA, HYG and Crude and a bunch of other stuff

11/10/2018 – overall, our key 75-76 level was hit and has caused the sell off. take a look at the charts below …

some critical developments:

  • the XLE/NYSE Index ratio has hit a perfect BUY PATTERN so expecting the energy complex to bounce/hold/consolidate as this level holds.  IF IT FAILS then the sell off will be pretty immense. So watch t his level.
  • on the Crude, anytime you have a .382 and .618 (.382+.618 = 1) present that should act as important S or R. In this case SUPPORT. we have some polarity present also so ‘expect’ a bounce in Crude … will update accordingly.
  • also, note the correlation between crude and HYG. (High Yield Bond ETF) … perhaps the carnage in Crude will stop at support levels indicated which ‘should’ keep HYG at bay (if the correlation is still holding) but if Crude busts thru then that support cliff for HYG should give away and then it will get very interesting
  • also, put the oldie but goodie of the HIGH on crude on my birthday and the subsequent low to show some geometry at work and the fact that long term charts can certainly help .. .a famous quote “there is nothing new under the sun.”

thanks reading …. B

 

 

___________________________________________________________________________________________________________________________________________________________

06/03/2018 – sorry that i didn’t send out the charts below via my blog .. honestly, I think I just forgot and then went on some travel …big thing here is we hit an important high a week or so ago based on TIME so this could be a very important top in crude.

honestly not sure if we have completed a 4 ( if YES we have  BIG MOVE COMING lower) or an end to a bullish bounce and we are correcting to buy ..

either way, this should do it for crude for a while at least. will be watching and, again, apologize for not blogging earlier.

as an FYI, the charts are real time they were just sent out via email …

let me know if you have any questions.

Bart

this is the update as of 06/001/2018:

Crude Oil Approaching BIG low …update to the update to the update

12/06/2017  – looks like we are smacking into some large resistance from a time and price perspective. here or a little higher should do it for Crude for now.

——————————————————————————————————————————-

2/2/2017 – can’t believe it’s been over a year since I posted on crude – but I guess it has. as you can see below, the ‘math’ tagged the low in crude.

where do we go from here? well, the ‘easy count’ and that’s what I’m into says – perhaps – a little higher and then down to take out 26 ?

no way, right? You Never Know.

Bart

Continue reading “Crude Oil Approaching BIG low …update to the update to the update”