Crude Oil Approaching BIG low …

Posted on August 20, 2015     2 Comments

Read More

Crude “should” target 76-77 as a bounce target.

Posted on January 31, 2015     4 Comments

    Thus far, the low at 44.22 has held. Yes, we had an intraday spike below but – note – it closed above 44.22 and then ripped for a nice signal reversal candle to the upside and believe we could target 76-77 w/ 60-61 as initial resistance.

Read More

why I think 44.22 is a low (for now) on crude

Posted on January 14, 2015     1 Comment

Read More

Crude Oil Geometry ($USO)

Posted on December 29, 2014     Leave a Comment

the oil complex is in the midst of a deflationary thump BUT do believe it’s coming into a zone of support. posted for Andy @seeitmarket http://www.seeitmarket.com/correlation-watch-crude-oil-services-loonie-13951/ and so far the $OSX and Loonie have held. why 50-51 for a bounce in crude: 3 ratio’s – .786 retrace, 1.618 and 1.27 extensions NOTE the TIME of the oil […]

Read More

the case for $170 oil ….

Posted on November 28, 2014     Leave a Comment

one chart – the only thing wrong w/ this chart is the length of the data.  “wish” I had longer time frame oil prices.  however, based on that I put together this count. rules: 2 can’t go below the origin of 1: check. 3 can’t be the shortest: check 4 can’t go below 1: check […]

Read More