Showing posts with label diverging. Show all posts
Showing posts with label diverging. Show all posts
Monday, February 27, 2012

Low Range Close in Crude Oil Gives The Bears Technical Advantage For Tuesday

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Crude oil [April contract] posted an inside day with a lower close on Monday as it consolidated some of the rally off October's low. The...
Wednesday, October 26, 2011

Crude Oil, Natural Gas and Gold Markets Summary For Wednesday October 26th

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Crude oil closed lower due to profit taking on Wednesday as it consolidated some of this month's rally. The low range close sets the st...
Thursday, September 15, 2011

Crude Oil Market Continues to Tease Us With It's Sideways Action

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The crude oil market continues to tease us with its sideways action. While this market has been trending to the upside, we want to pay parti...
Monday, September 12, 2011

Crude Oil Starts The Week Down as European Debt Crisis Looms Large

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Crude oil starts the week on a sour note falling for a third day, the longest decline in a month, as most traders feel that Europe will not ...
Saturday, June 25, 2011

Crude Oil, Natural Gas and Gold Week Ending Market Commentary

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Crude oil posted an inside day with a higher close on Friday as it consolidated some of this week's decline. The mid range close sets t...
Monday, October 18, 2010

Crude Oil Technical Outlook For Monday Morning Oct. 18th

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Crude oil was slightly lower overnight as it extends last week's decline below the 10 day moving average crossing at 82.96. Stochastics ...
Monday, March 8, 2010

Crude Oil Bulls Face Overbought Conditions, Here's Mondays Numbers

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Crude oil was higher overnight as it extends the rally off February's low. Stochastics and the RSI are overbought, diverging but are neu...
Friday, March 5, 2010

Crude Oil Bulls Maintain a Near Term Advantage, Here's Friday's Numbers

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Crude oil was higher overnight as it consolidates some of Thursday's decline. Stochastics and the RSI are overbought, diverging but are ...
Monday, February 8, 2010

Crude Oil Market Commentary For Monday Evening

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Crude oil was steady to slightly higher overnight as it consolidates some of last Friday's decline. Stochastics and the RSI are divergin...
Friday, August 7, 2009

Crude Oil Rallies on Better Then Expected Employment Numbers

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Crude oil was lower due to profit taking overnight but has rallied this morning as markets look to better than expected U.S. July employment...