• WTI Crude Oil and Natural Gas Forecast June 22, 2017

    The WTI Crude Oil market trying to rally during the day on Wednesday, after a stronger than expected inventory number. However, we turned around to break down below the $43.50 level. Not only that, we broke down through significant support and even touched the $42 level under that. This is an area that’s been massively supportive, so if we can break down below their, the market will break down significantly and go looking for the $40 level. Oil simply cannot seem to get out of its own way, and that being the case I think it’s likely that every time we rally, it’s a selling opportunity as the market is certainly bearish, but we may have gotten a little bit of head of ourselves, so rallies can be looked at as nice opportunities going forward. I have no interest whatsoever and buying this mar...

    published: 21 Jun 2017
  • WTI Crude Oil and Natural Gas Forecast June 21, 2017

    The WTI Crude Oil market breakdown during the day on Tuesday, as we continue to see significant amounts of various pressure. The day today features the Crude Oil Inventories announcement, and that of course will have a significant amount of influence on this market. The market will react to that announcement, and any assigns of oversupply should continue to work against the value of this market. However, we are a bit extended to the downside at this point, so I think that it is likely to be a scenario where rallies could appear. However, I think that the $45 level above should be resistive, so I’m looking for some type of exhaustive candle to start selling. A breakdown below the bottom of the candle should also show that the downward pressure is increasing, and that should show an impulsiv...

    published: 20 Jun 2017
  • WTI Crude Oil and Natural Gas Forecast May 16, 2017

    The WTI Crude Oil market rallied on Monday, showing signs of strength as we tried to go to the $50 handle. However, the move was based upon the idea of Russia and Saudi Arabia suggesting that more production cuts needed in the oil markets might be coming. That of course is bullish for price, but the reality is that production cuts have not held up longer term. Because of this, I believe that the move is probably short-lived. You will notice on the chart that the 61.8% Fibonacci retracement level, the large round number, and of course the 200-day moving average have all conspired to keep prices lower. I’m not willing to short yet, but I’m thinking about doing it on signs of exhaustion. for more analysis: http://www.dailyforex.com

    published: 15 May 2017
  • WTI Crude Oil and Natural Gas Forecast June 20, 2017

    The WTI Crude Oil market initially tried to rally on Monday, but found enough resistance at the $45 level to turn things around and break down significantly. Towards the end of the day, we found ourselves just above the $44 level, so I think that it’s only a matter of time before we reach towards the $43.50 level underneath. That’s an area that should cause a bit of support, but once we breakdown below their ethical free to go down to the $40 handle. Short-term rallies continue to be selling opportunities, and I believe that there is no way to buy the crude oil market right now, because quite frankly the oversupply issue continues. I believe that a cell on the rallies type of strategy is probably the best way to go for the near future. for more analysis: http://www.dailyforex.com

    published: 19 Jun 2017
  • WTI Crude Oil and Natural Gas Forecast May 15, 2017

    The WTI Crude Oil market initially fell on Friday, but then turned around to form a bit of a hammer. We are sitting right underneath a cluster of noise at the $48 level, and I believe that this was the first signs of the market struggling. Because of this, I look at this chart and see that there could be some short-term bullishness, but I believe it’s only a matter of time before the sellers come back into play. The 200-exponential moving average is just above, so some type of exhaustive candle between here and there would be a nice selling opportunity short-term traders have a little bit of room to move here, but if you have a longer-term trade in mind, you may have to be patient and wait a couple of sessions to get your trade. for more analysis: http://www.dailyforex.com

    published: 12 May 2017
  • WTI Crude Oil and Natural Gas Forecast June 19, 2017

    The WTI Crude Oil market bounced during the session on Friday, reaching towards the $45 level above. That is a level that has a certain amount of psychological significance obviously, as it was supportive in the past and of course it’s a large, round, psychologically significant number. If we rally from here, the market will continue to find sellers above, somewhere near the $47 level. An exhaustive candle is exactly what I’m looking forward to start selling, as the market is most certainly bearish in general. I don’t see any reason to try to return to the bullish side of this trade, as it is so bearish in general. Any bounce at this point must be look at as a nice selling opportunity. for more analysis: http://www.dailyforex.com

    published: 18 Jun 2017
  • WTI Crude Oil and Natural Gas Forecast June 16, 2017

    The WTI Crude Oil market fell again during the day on Thursday, reaching towards the $44 level. I think that given enough time, the sellers will return on any rally’s, and the $45 level above should be resistance. Ultimately, the market continues to be volatile but with a pressure. I think that the $43.50 level underneath is probably where we are heading, and I believe that the oversupply issue in the oil market continues to be a major issue when it comes to this. Given enough time, I expect the market to sell off yet again as we continue to struggle. I think that the market is a long way away from turning around, so therefore I don’t really have a scenario in which a willing to buy, and I believe that the absolute “ceiling” is the $47 level. for more analysis: http://www.dailyforex.com

    published: 15 Jun 2017
  • Crude Oil Prices: Trading Brent & WTI Futures | Closing the Gap: Futures Edition

    As the two benchmark products for Crude Oil, WTI (/CL) and Brent (/BZ) are highly correlated to one another. But in times of price increases in Crude Oil, Brent tends to outperform WTI, thereby widening the spread between the two products. Today, tastytrade presents a Futures pairs trade that capitalizes on this movement, Buying /BZ and Selling /CL. Watch this segment to learn the ratio between these two commodity products, the historical spread between them and what a futures trader can reasonably expect in terms of managing this position. See more videos from the Closing the Gap: Futures Edition Series: http://ow.ly/1b9v308EH3F The gap between the self-directed and institutional trader in the world of Futures gets closer as Tom and Tony go head-to-head with one of the Futures market i...

    published: 03 Feb 2017
  • WTI Crude Oil and Natural Gas Forecast May 8, 2017

    The WTI Crude Oil market broke down significantly during the session on Friday, slicing through the $45 level. That’s an area that of course caused a bit of support due to the fact that it is a large, round, psychologically significant number, but this had more to do with the jobs number being stronger than anticipated. In theory, this suggests that there should be plenty of demand due to industrial consumption, but quite frankly I think that longer term we still have a lot of issues. The market breaking below the $47 level and of course the uptrend line should continue to offer resistance above, so I’m waiting to see and exhaustive candles that I can start selling. The signs of the candle during the Friday session was impressive, but quite frankly, after that massive breakdown it’s not th...

    published: 05 May 2017
  • WTI Crude Oil and Natural Gas Forecast June 12, 2017

    The WTI Crude Oil market went back and forth during the day on Friday, as we continue to test the $45 level underneath. That’s an area that has offered significant support in the past, so it’s not a surprise that we bounced. We formed a hammer on Friday, just as we formed during the Thursday session. Because of this, I believe that we could rally from here, perhaps reaching towards the $47 level above. Any rally at this point to me would be a selling opportunity, and exhaustive candle near the $47 level could be a nice opportunity to start shorting yet again. Alternately, if we can break down below the $45 level, I think at that point the market will break down to the $43 level relatively quickly. Either way, I don’t have any interest in buying this market. for more analysis: http://www.d...

    published: 09 Jun 2017
  • WTI Crude Oil Futures Market Analysis

    Carley Garner, experienced broker and author of "Higher Probability Commodity Trading" discusses the process of analyzing the crude oil market using tools such as the Commitments of Traders Report (COT Report), commodity seasonality, technical analysis, and market sentiment analysis.

    published: 09 Sep 2016
  • WTI Crude Oil and Natural Gas Forecast May 5, 2017

    The WTI Crude Oil market broke down significantly during the day on Thursday, slicing through an uptrend line that has been important. Not only that, we breakdown below the $47 level, and that of course is a reason enough to think that we will continue to reach towards the $45 level underneath. That is an area that should be supportive, but quite frankly now that we have broken down below the uptrend line, I feel that we go much lower. Short-term rallies should be selling opportunities, as the oversupply in oil continues to cause major issues. Buying isn’t even a thought, I believe that the $50 level will be a ceiling in this market. for more analysis: http://www.dailyforex.com

    published: 04 May 2017
  • The Basics to Day Trading Crude Oil Futures - WTI vs. Brent. How to Trade Futures futures contract

    Let me show the Correct Way to Trade Bond Futures The Basics to Trading Crude Oil Futures - WTI vs. Brent - oil futures, learn to trade oil futures, trading oil futures, trading brent wti futures, futures oil trading, wti oil futures, trading futures in oil how to trade futures futures contract day trading

    published: 18 Apr 2017
  • WTI Crude Oil and Natural Gas Forecast May 26, 2017

    The WTI Crude Oil market initially tried to rally but after the OPEC announcement of an extension of the production cuts by 9 months, the market sold off. I had suggested that this could possibly be a “sell on the news” type of situation. This is exactly what has happened, and we now find ourselves not only below the $50 level, but below the 200-day exponential moving average. The massive negative candle suggests that we are to continue to see a bit of a muted response to the production cuts, and we could continue to go lower, perhaps towards the $47 handle. Ultimately, I believe that we will see a lot of back and forth trading over the next several sessions, with perhaps the $50 level being a bit of a focal point or even considered to be “fair price” as we go back and forth. However, if w...

    published: 25 May 2017
  • WTI Crude Oil and Natural Gas Forecast May 24, 2017

    The WTI Crude Oil market initially fell during the session on Tuesday, but found the bottom of the gap supportive as one would expect, and then bounced significantly. We have a massively important OPEC announcement coming out after the meeting on Thursday, and while the market expects production cuts, I believe that we could have a bit of a “sell on the news” event on that day. Nonetheless, if the cut is stronger-than-expected, then I believe that the $50 level will offer support. Between now and then, it’s probably best to stay away from this market as although there is an upward bias, I have a hard time believing it’s going to be easy to hang on to any gains until we get more clarity. for more analysis: http://www.dailyforex.com

    published: 23 May 2017
  • WTI Crude Oil and Natural Gas Forecast April 24, 2017

    The WTI Crude Oil market broke down during the session on Friday, as we continue to see quite a bit of bearish pressure. In fact, we even tested the 200-day exponential moving average but it did hold as support. We are below the $50 level now, and I think that signals that this market could go much lower. The short-term bounce might be an opportunity to start selling from higher levels on signs of exhaustion if you can pay attention to shorter-term charts. I have no interest in buying, I think that the tide has turned again as traders are finally beginning to appreciate the fact that there is a massive oversupply of crude oil in the world right now. for more analysis: http://www.dailyforex.com

    published: 22 Apr 2017
WTI Crude Oil and Natural Gas Forecast June 22, 2017

WTI Crude Oil and Natural Gas Forecast June 22, 2017

  • Order:
  • Duration: 1:32
  • Updated: 21 Jun 2017
  • views: 51
videos
The WTI Crude Oil market trying to rally during the day on Wednesday, after a stronger than expected inventory number. However, we turned around to break down below the $43.50 level. Not only that, we broke down through significant support and even touched the $42 level under that. This is an area that’s been massively supportive, so if we can break down below their, the market will break down significantly and go looking for the $40 level. Oil simply cannot seem to get out of its own way, and that being the case I think it’s likely that every time we rally, it’s a selling opportunity as the market is certainly bearish, but we may have gotten a little bit of head of ourselves, so rallies can be looked at as nice opportunities going forward. I have no interest whatsoever and buying this market. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_June_22,_2017
WTI Crude Oil and Natural Gas Forecast June 21, 2017

WTI Crude Oil and Natural Gas Forecast June 21, 2017

  • Order:
  • Duration: 1:06
  • Updated: 20 Jun 2017
  • views: 158
videos
The WTI Crude Oil market breakdown during the day on Tuesday, as we continue to see significant amounts of various pressure. The day today features the Crude Oil Inventories announcement, and that of course will have a significant amount of influence on this market. The market will react to that announcement, and any assigns of oversupply should continue to work against the value of this market. However, we are a bit extended to the downside at this point, so I think that it is likely to be a scenario where rallies could appear. However, I think that the $45 level above should be resistive, so I’m looking for some type of exhaustive candle to start selling. A breakdown below the bottom of the candle should also show that the downward pressure is increasing, and that should show an impulsive move to the $40 level being possible. However, I do prefer selling rallies. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_June_21,_2017
WTI Crude Oil and Natural Gas Forecast May 16, 2017

WTI Crude Oil and Natural Gas Forecast May 16, 2017

  • Order:
  • Duration: 1:14
  • Updated: 15 May 2017
  • views: 64
videos
The WTI Crude Oil market rallied on Monday, showing signs of strength as we tried to go to the $50 handle. However, the move was based upon the idea of Russia and Saudi Arabia suggesting that more production cuts needed in the oil markets might be coming. That of course is bullish for price, but the reality is that production cuts have not held up longer term. Because of this, I believe that the move is probably short-lived. You will notice on the chart that the 61.8% Fibonacci retracement level, the large round number, and of course the 200-day moving average have all conspired to keep prices lower. I’m not willing to short yet, but I’m thinking about doing it on signs of exhaustion. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_May_16,_2017
WTI Crude Oil and Natural Gas Forecast June 20, 2017

WTI Crude Oil and Natural Gas Forecast June 20, 2017

  • Order:
  • Duration: 1:36
  • Updated: 19 Jun 2017
  • views: 43
videos
The WTI Crude Oil market initially tried to rally on Monday, but found enough resistance at the $45 level to turn things around and break down significantly. Towards the end of the day, we found ourselves just above the $44 level, so I think that it’s only a matter of time before we reach towards the $43.50 level underneath. That’s an area that should cause a bit of support, but once we breakdown below their ethical free to go down to the $40 handle. Short-term rallies continue to be selling opportunities, and I believe that there is no way to buy the crude oil market right now, because quite frankly the oversupply issue continues. I believe that a cell on the rallies type of strategy is probably the best way to go for the near future. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_June_20,_2017
WTI Crude Oil and Natural Gas Forecast May 15, 2017

WTI Crude Oil and Natural Gas Forecast May 15, 2017

  • Order:
  • Duration: 1:19
  • Updated: 12 May 2017
  • views: 74
videos
The WTI Crude Oil market initially fell on Friday, but then turned around to form a bit of a hammer. We are sitting right underneath a cluster of noise at the $48 level, and I believe that this was the first signs of the market struggling. Because of this, I look at this chart and see that there could be some short-term bullishness, but I believe it’s only a matter of time before the sellers come back into play. The 200-exponential moving average is just above, so some type of exhaustive candle between here and there would be a nice selling opportunity short-term traders have a little bit of room to move here, but if you have a longer-term trade in mind, you may have to be patient and wait a couple of sessions to get your trade. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_May_15,_2017
WTI Crude Oil and Natural Gas Forecast June 19, 2017

WTI Crude Oil and Natural Gas Forecast June 19, 2017

  • Order:
  • Duration: 1:01
  • Updated: 18 Jun 2017
  • views: 64
videos
The WTI Crude Oil market bounced during the session on Friday, reaching towards the $45 level above. That is a level that has a certain amount of psychological significance obviously, as it was supportive in the past and of course it’s a large, round, psychologically significant number. If we rally from here, the market will continue to find sellers above, somewhere near the $47 level. An exhaustive candle is exactly what I’m looking forward to start selling, as the market is most certainly bearish in general. I don’t see any reason to try to return to the bullish side of this trade, as it is so bearish in general. Any bounce at this point must be look at as a nice selling opportunity. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_June_19,_2017
WTI Crude Oil and Natural Gas Forecast June 16, 2017

WTI Crude Oil and Natural Gas Forecast June 16, 2017

  • Order:
  • Duration: 1:07
  • Updated: 15 Jun 2017
  • views: 39
videos
The WTI Crude Oil market fell again during the day on Thursday, reaching towards the $44 level. I think that given enough time, the sellers will return on any rally’s, and the $45 level above should be resistance. Ultimately, the market continues to be volatile but with a pressure. I think that the $43.50 level underneath is probably where we are heading, and I believe that the oversupply issue in the oil market continues to be a major issue when it comes to this. Given enough time, I expect the market to sell off yet again as we continue to struggle. I think that the market is a long way away from turning around, so therefore I don’t really have a scenario in which a willing to buy, and I believe that the absolute “ceiling” is the $47 level. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_June_16,_2017
Crude Oil Prices: Trading Brent & WTI Futures | Closing the Gap: Futures Edition

Crude Oil Prices: Trading Brent & WTI Futures | Closing the Gap: Futures Edition

  • Order:
  • Duration: 16:12
  • Updated: 03 Feb 2017
  • views: 224
videos
As the two benchmark products for Crude Oil, WTI (/CL) and Brent (/BZ) are highly correlated to one another. But in times of price increases in Crude Oil, Brent tends to outperform WTI, thereby widening the spread between the two products. Today, tastytrade presents a Futures pairs trade that capitalizes on this movement, Buying /BZ and Selling /CL. Watch this segment to learn the ratio between these two commodity products, the historical spread between them and what a futures trader can reasonably expect in terms of managing this position. See more videos from the Closing the Gap: Futures Edition Series: http://ow.ly/1b9v308EH3F The gap between the self-directed and institutional trader in the world of Futures gets closer as Tom and Tony go head-to-head with one of the Futures market industry's best institutional traders. We bring professional strategies to individual investors. You can watch a new Closing the Gap: Futures Edition episode live and check out all previous episodes everyday at http://ow.ly/EoyGW! ======== tastytrade.com ======== Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: http://ow.ly/EbzUU Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1 Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/
https://wn.com/Crude_Oil_Prices_Trading_Brent_Wti_Futures_|_Closing_The_Gap_Futures_Edition
WTI Crude Oil and Natural Gas Forecast May 8, 2017

WTI Crude Oil and Natural Gas Forecast May 8, 2017

  • Order:
  • Duration: 1:42
  • Updated: 05 May 2017
  • views: 99
videos
The WTI Crude Oil market broke down significantly during the session on Friday, slicing through the $45 level. That’s an area that of course caused a bit of support due to the fact that it is a large, round, psychologically significant number, but this had more to do with the jobs number being stronger than anticipated. In theory, this suggests that there should be plenty of demand due to industrial consumption, but quite frankly I think that longer term we still have a lot of issues. The market breaking below the $47 level and of course the uptrend line should continue to offer resistance above, so I’m waiting to see and exhaustive candles that I can start selling. The signs of the candle during the Friday session was impressive, but quite frankly, after that massive breakdown it’s not that surprising that we would get a snap back. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_May_8,_2017
WTI Crude Oil and Natural Gas Forecast June 12, 2017

WTI Crude Oil and Natural Gas Forecast June 12, 2017

  • Order:
  • Duration: 1:14
  • Updated: 09 Jun 2017
  • views: 57
videos
The WTI Crude Oil market went back and forth during the day on Friday, as we continue to test the $45 level underneath. That’s an area that has offered significant support in the past, so it’s not a surprise that we bounced. We formed a hammer on Friday, just as we formed during the Thursday session. Because of this, I believe that we could rally from here, perhaps reaching towards the $47 level above. Any rally at this point to me would be a selling opportunity, and exhaustive candle near the $47 level could be a nice opportunity to start shorting yet again. Alternately, if we can break down below the $45 level, I think at that point the market will break down to the $43 level relatively quickly. Either way, I don’t have any interest in buying this market. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_June_12,_2017
WTI Crude Oil Futures Market Analysis

WTI Crude Oil Futures Market Analysis

  • Order:
  • Duration: 40:46
  • Updated: 09 Sep 2016
  • views: 541
videos
Carley Garner, experienced broker and author of "Higher Probability Commodity Trading" discusses the process of analyzing the crude oil market using tools such as the Commitments of Traders Report (COT Report), commodity seasonality, technical analysis, and market sentiment analysis.
https://wn.com/Wti_Crude_Oil_Futures_Market_Analysis
WTI Crude Oil and Natural Gas Forecast May 5, 2017

WTI Crude Oil and Natural Gas Forecast May 5, 2017

  • Order:
  • Duration: 1:16
  • Updated: 04 May 2017
  • views: 223
videos
The WTI Crude Oil market broke down significantly during the day on Thursday, slicing through an uptrend line that has been important. Not only that, we breakdown below the $47 level, and that of course is a reason enough to think that we will continue to reach towards the $45 level underneath. That is an area that should be supportive, but quite frankly now that we have broken down below the uptrend line, I feel that we go much lower. Short-term rallies should be selling opportunities, as the oversupply in oil continues to cause major issues. Buying isn’t even a thought, I believe that the $50 level will be a ceiling in this market. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_May_5,_2017
The Basics to Day Trading Crude Oil Futures - WTI vs. Brent. How to Trade Futures futures contract

The Basics to Day Trading Crude Oil Futures - WTI vs. Brent. How to Trade Futures futures contract

  • Order:
  • Duration: 4:03
  • Updated: 18 Apr 2017
  • views: 572
videos
Let me show the Correct Way to Trade Bond Futures The Basics to Trading Crude Oil Futures - WTI vs. Brent - oil futures, learn to trade oil futures, trading oil futures, trading brent wti futures, futures oil trading, wti oil futures, trading futures in oil how to trade futures futures contract day trading
https://wn.com/The_Basics_To_Day_Trading_Crude_Oil_Futures_Wti_Vs._Brent._How_To_Trade_Futures_Futures_Contract
WTI Crude Oil and Natural Gas Forecast May 26, 2017

WTI Crude Oil and Natural Gas Forecast May 26, 2017

  • Order:
  • Duration: 1:30
  • Updated: 25 May 2017
  • views: 131
videos
The WTI Crude Oil market initially tried to rally but after the OPEC announcement of an extension of the production cuts by 9 months, the market sold off. I had suggested that this could possibly be a “sell on the news” type of situation. This is exactly what has happened, and we now find ourselves not only below the $50 level, but below the 200-day exponential moving average. The massive negative candle suggests that we are to continue to see a bit of a muted response to the production cuts, and we could continue to go lower, perhaps towards the $47 handle. Ultimately, I believe that we will see a lot of back and forth trading over the next several sessions, with perhaps the $50 level being a bit of a focal point or even considered to be “fair price” as we go back and forth. However, if we break down below the $47 level, the market should then go down to the $45 level underneath. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_May_26,_2017
WTI Crude Oil and Natural Gas Forecast May 24, 2017

WTI Crude Oil and Natural Gas Forecast May 24, 2017

  • Order:
  • Duration: 1:44
  • Updated: 23 May 2017
  • views: 141
videos
The WTI Crude Oil market initially fell during the session on Tuesday, but found the bottom of the gap supportive as one would expect, and then bounced significantly. We have a massively important OPEC announcement coming out after the meeting on Thursday, and while the market expects production cuts, I believe that we could have a bit of a “sell on the news” event on that day. Nonetheless, if the cut is stronger-than-expected, then I believe that the $50 level will offer support. Between now and then, it’s probably best to stay away from this market as although there is an upward bias, I have a hard time believing it’s going to be easy to hang on to any gains until we get more clarity. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_May_24,_2017
WTI Crude Oil and Natural Gas Forecast April 24, 2017

WTI Crude Oil and Natural Gas Forecast April 24, 2017

  • Order:
  • Duration: 1:30
  • Updated: 22 Apr 2017
  • views: 231
videos
The WTI Crude Oil market broke down during the session on Friday, as we continue to see quite a bit of bearish pressure. In fact, we even tested the 200-day exponential moving average but it did hold as support. We are below the $50 level now, and I think that signals that this market could go much lower. The short-term bounce might be an opportunity to start selling from higher levels on signs of exhaustion if you can pay attention to shorter-term charts. I have no interest in buying, I think that the tide has turned again as traders are finally beginning to appreciate the fact that there is a massive oversupply of crude oil in the world right now. for more analysis: http://www.dailyforex.com
https://wn.com/Wti_Crude_Oil_And_Natural_Gas_Forecast_April_24,_2017
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