Where Should You Be Playing Crude Oil?

For most retail traders trading crude oil and natural means using tickers like the popular ETF's like USO, OIH, UNG or DIG. But one often over looked company that has been the darling of our hedge fund is NOV, National Oilwell Varco. As the leader in oil rig production for many years through both organic growth as well as Merger and acquisition activity National Oil Varco has stay above support levels for some time giving us safe and consistent profitable swing trades.

One tool we use to watch the trend in NOV is our Smart Scan Chart Analysis technology. And as of this morning [12-6-10] our Smart Scan Analysis still confirms that a strong uptrend is in place for NOV and that the trend remains positive longer term. As always you should trade this strong uptrend with tight money management stops. This kind of rating indicates that NOV is being driven by commercial traders and insiders.

NOV scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend). Here is how NOV rated on just a few of our indicators.

+10......Last Hour Close Above 5 Hour Moving Average
+15......New 3 Day High on Friday
+20......Last Price Above 20 Day Moving Average
+25......New 3 Week High, Week Ending Nov. 27th
+30......New 3 Month High in November
+100.....Total Score

Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology system



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Where is ExxonMobil Headed From Here?

With the recent beating crude oil bulls have taken is it time to bail on industry leader ExxonMobil (XOM)? A quick look at our "Smart Scan Chart Analysis" technology confirms that a short term counter trend move is underway.

When this action is over look for the longer term positive trend to resume. Be sure to trade this uptrend with tight money management stops.

Based on a pre-defined weighted trend formula for chart analysis, XOM scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10......Last Hour Close Above 5 Hour Moving Avg
-15......New 3 Day Low on Tuesday
+20......Last Price Above 20 Day Moving Average
+25......New 3 Week High, Week Ending Nov. 13th
+30......New 3 Month High in November
+85......Total Score

Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology


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Crude Oil Higher From Here?

If you listen to "The Street" it would appear oil has no where to go but up. But a quick look ay our Smart Scan Chart Analysis gives us good reason to be cautious about going long at these levels. Let's look at the most popular crude oil ETF, USO.

Our Smart Scan Chart Analysis shows the current uptrend in USO is very weak and at a crossroads and has possibly ended. Look for choppy trading action in the near term and as always make sure to trade this trend with very tight stops.

Based on a pre-defined weighted trend formula for chart analysis, USO scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend)....

-10......Last Hour Close Below 5 hour Moving Avg
+15......New 3 Day High on Monday
+20......Last Price Above 20 Day Moving Average
+25......New 3 Week High, Week Ending October 9th
-30......New 3 Month Low in May
+60......Total Score

Here is a Free preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology

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Short Term Buy Signal on Gold!

GOLD ALERT: The MarketClub Daily “Trade Triangle” signaled an enter long gold position today for short term traders at $1,250.35. Spot gold is currently trading at $1,265.28. Intermediate and long term traders remain long gold.

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What is Our Smart Scan Tool Telling Us About Natural Gas?

With retail traders anxious to find a bottom in natural gas prices, let's take a look at what our trading tols are telling us about natural gas ETF UNG.

"Smart Scan Chart Analysis" is showing some near term rallying power. However, this market remains in the confines of a longer term downtrend that should be traded with extremely tight money management stops.

Based on a pre defined weighted trend formula for chart analysis, UNG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10....Last Hour Close Above 5 Hour Moving Avg
+15....New 3 Day High on Friday
-20....Last Price Below 20 Day Moving Avg
-25....New 3 Week Low,Week Ending Sept 4th
-30....New 3 Month Low in September
-75....Total Score




Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology

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Where is Crude Oil ETF USO Headed on Tuesday?

Our Smart Scan Chart Analysis for the crude oil ETF....USO, is showing some near term rallying power. However, this market remains in the confines of a longer term downtrend that should be traded with tight money management stops.

Based on a pre-defined weighted trend formula for chart analysis, USO scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):



+10......Last Hour Close Above 5 Hour Moving Average
+15......New 3 Day High on Friday
-20......Last Price Below 20 Day Moving Average
-25......New 3 Week Low, Week Ending August 28th
-30......New 3 Month Low in May
-75......Total Score


Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology


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Smart Scan Chart Analysis For Crude Oil ETF....USO

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. As always trade this strong downtrend with tight stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, USO scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):



+10.....Last Hour Close Above 5 Hour Moving Average
-15.....New 3 Day Low on Wednesday
-20.....Last Price Below 20 Day Moving Average
-25.....New 3 Week Low, Week Ending August 28th
-30.....New 3 Month Low in May
-90.....Total Score


Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology


Just click here for your FREE trend analysis of crude oil ETF USO


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Is it Time to Buy Natural Gas?

The current price in natural gas has a lot of traders taking positions. So is it time to buy natural gas? Let's take a look at our Smart Scan Chart Analysis. It confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Based on a pre-defined weighted trend formula for chart analysis, UNG scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-10......Last Hour Close Below 5 hour Moving Average
-15......New 3 Day Low on Thursday
-20......Last Price Below 20 Day Moving Average
-25......New 3 Week Low, Week Ending August 14th
-30......New 3 Month Low in May
-100.....Total Score

Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology


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Is This Your Last Chance....MarketClub 2 Week Free Trial

"Battle tested" trading veteran Adam Hewison and his team are allowing me to offer you TWO complimentary weeks of their service so you can see how much it can truly help your trading.

Gain access to Marketclub’s multifaceted system including analysis, training videos and his proprietary signal system here.

Their arsenal of tools and unique indicators can really help you establish the overall trend of 320,000 tickers quickly and easily for many different time frames and trading styles.

On top of that, their customer support team is LIVE and readily available throughout your trial to help you navigate their service...

So take a few moments and sign up now for a 2 Week Trial to Marketclub....

* How to use the 'Smart Scan' feature to help you find your next trade

* How the 'Trade Triangles' will tell you when to pull the trigger on a trade

* How "Instant Alerts' will keep you ahead of any unexpected moves (and send you an email if your ticker crosses over certain 'parameters' as well)

* How to access their dedicated customer support team (they can explain all of the features of the system and walk you through it online OR on the phone).

This offer won’t be live for long don’t miss your chance to test drive one of the greatest values in trading while it lasts.

Just click here to sign up right now!


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Smart Scan Chart Analysis For Crude Oil ETF - USO

Our Smart Scan Chart Analysis is showing some near term weakness in crude oil ETF, USO. However, this market remains in the confines of a longer term Uptrend. Trade with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, USO scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):




+10.....Last Hour Close Above 5 Hour Moving Average
+15.....New 3 Day High on Thursday
+20.....Last Price Above 20 Day Moving Average
+25.....New 3 Week High, Week Ending July 24th
-30.....New 3 Month Low in May
+70.....Total Score

Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology

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Back and Better than Ever....MarketClub 2 Week Free Trial

"Battle tested" trading veteran Adam Hewison and his team are allowing me to offer you TWO complimentary weeks of their service so you can see how much it can truly help your trading.

Gain access to Marketclub’s multifaceted system including analysis, training videos and his proprietary signal system here.

Their arsenal of tools and unique indicators can really help you establish the overall trend of 320,000 tickers quickly and easily for many different time frames and trading styles.

On top of that, their customer support team is LIVE and readily available throughout your trial to help you navigate their service...

So take a few moments and sign up now for a 2 Week Trial to Marketclub and register for Thursdays Webinar to show you....

* How to use the 'Smart Scan' feature to help you find your next trade

* How the 'Trade Triangles' will tell you when to pull the trigger on a trade

* How "Instant Alerts' will keep you ahead of any unexpected moves (and send you an email if your ticker crosses over certain 'parameters' as well)

* How to access their dedicated customer support team (they can explain all of the features of the system and walk you through it online OR on the phone).

This offer won’t be live for long don’t miss your chance to test drive one of the greatest values in trading while it lasts.

Just click here to sign up right now!


*Don’t forget to sign-up for Thursdays webinar. Just look for the link to register in the email with your log in information to MarketClub. The staff will show you exactly how to use the service, and you can ask questions and interact with other MarketClub users to get the full experience.




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Smart Scan Chart Analysis For Crude Oil ETF....USO

Our Smart Scan Chart Analysis for crude oil ETF....USO, continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Based on a pre-defined weighted trend formula for chart analysis, USO scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):



+10.....Last Hour Close Above 5 Hour Moving Average
-15.....New 3 Day Low on Tuesday
-20.....Last Price Below 20 Day Moving Average
-25.....New 3 Week Low, Week Ending July 10th
-30.....New 3 Month Low in May
-90.....Total Score

Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology


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Smart Scan Chart Analysis For USO

Where is USO headed? Smart Scan Chart Analysis is showing an uptrend with some near term weakness. However, this market remains in the confines of a longer term uptrend. Trade the uptrend with tight money management stops. Based on a pre-defined weighted trend formula for chart analysis, USO scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10......Last Hour Close Above 5 Hour Moving Average
+15......New 3 Day High on Thursday
+20......Last Price Above 20 Day Moving Average
+25......New 3 Week High, Week Ending June 12th
-30......New 3 Month Low in May

+70......Total Score


Here is a preview of our MarketClub Trade Triangle Chart Analysis and Smart Scan technology


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UNG - Still in a Downtrend, or Has the Tide Turned?

With all of the controversy UNG has been through this summer, more then ever we have to rely on technical analysis and trend indicators. We rely solely on Smart Scan Chart Analysis for the current trend and Smart Scan is still showing some near term weakness in UNG. However, UNG is now in a longer term uptrend and should be traded with tight money management stops.

Based on a pre-defined weighted trend formula for chart analysis, UNG scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10......Last Hour Close Above 5 Hour Moving Average
+15......New 3 Day High on Wednesday
+20......Last Price Above 20 Day Moving Average
+25......New 3 Week High, Week Ending September 19th
-30......New 3 Month Low in September
+70......Total Score



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Is it Time to Buy Natural Gas? Let's Look at the Current Trend Chart

Smart Scan Chart Analysis for UNG confirms that a strong downtrend in natural gas is in place and that the market remains negative longer term. Trade this strong Downtrend with tight money management stops. A "Trade Triangle" indicates the presence of a very strong trend that is being driven by strong forces and insiders. As we can see the answer is obvious.

Based on a pre-defined weighted trend formula for chart analysis, UNG scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

-10......Last Hour Close Below 5 hour Moving Average
-15......New 3 Day Low on Friday
-20......Last Price Below 20 Day Moving Average
-25......New 3 Week Low, Week Ending August 22nd
-30......New 3 Month Low in August
-100.....Total Score



To receive a Smart Scan analysis on your favorite stock just Click Here to create a FREE portfolio.

Trend Analysis For DXO

A lot of our readers use ticker DXO for going long crude oil so we thought we would share an example of what our Smart Scan technology can do. Just Click Here to sign up to get these free trend analysis in your in box everyday.

Smart Scan Chart Analysis for DXO shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the near term. Look for a very weak downtrend and trade with very tight stops.

Based on a pre-defined weighted trend formula for chart analysis, DXO scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10........Last Hour Close Above 5 Hour Moving Average
-15........New 3 Day Low on Friday
-20........Last Price Below 20 Day Moving Average
-25........New 3 Week Low, Week Ending July 11th
+30........New 3 Month High in June
-60........Total Score



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