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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 […]

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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, […]

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Crude BUY pattern present – update

06/30/2017 – note measured moves up (blue arrows) – would use those as targets for now. As long as loonie continues to thump the USD, then this might have legs beyond those measured moves. B ____________________________________________________________________________________________

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interesting … the RATIO of USD / CRUDE

folks, need to pay attention  here … below you’ll find two charts: RATIO of $$$ / Crude Oil (continuous contract) – note the nice sell pattern that completed a couple months ago. now notice … we are hanging by a thread for USD to continue to weaken against Crude Ratio of $$$ / Crude oil […]

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Loonie, OSX, Crude – time for another inflection? UPDATE to the UPDATE

11/5/2016 – Crude Continuous is giving us a nice “heads up” that this move is CORRECTIVE in the scheme of a much larger corrective pattern to finish a big big 4.  the market corrects (most of the time) in 3 waves labeled A-B-C …in this case let’s follow the set up: $26 dollars was the […]

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Loonie, OSX, Crude – time for another inflection? UPDATE

10/24/2016 – target hit on the USD vs LOONIE.  Watch this one carefully.  It “appears” that everyone is thinking of a big breakout but, as you can see, we had multiple targets coming into play and they were hit today. WATCH FOR A DAILY CLOSE BACK BENEATH CHANNEL OR THE .382 as shown.   go […]

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Loonie, OSX, Crude – time for another inflection?

go ahead and follow this link if you want to follow some real time PATTERNS w/ technical analysis and the correlation between the 3 items in the subject line: https://bartscharts.com//?s=LOONIE appears we are at another critical juncture: Crude – 2 buy patterns present. OSX – buy level indicated USD vs LOONIE – multiple patterns present for […]

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Crude approaching/at key buy pattern for support

CLIFF NOTES: a nice TIME and PRICE pattern coming in a little lower on crude for the buy.  the reason this price pattern is so key is that, since the low in 2009, NO SWING LOW has been broken (shown by the blue arrows).  So, it’s going to be very key for this pattern in […]

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Where did that Crude Oil Support Trend Line Come From?

Cliff Notes: if your new to this blog you’ll find that it’s all based on geometry and pattern recognition.  If you take a look at weekly crude it’s not hard to see that beautiful support line that’s been holding crude up since September 2009. So, when I see that I say “why” and “what’s important […]

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