The Crude Oil Trader

Trade ideas, analysis and low risk set ups for commodities, Bitcoin, gold, silver, coffee, the indexes, options and your retirement. We'll help you keep your emotions out of your trading.

Showing posts with label pennant pattern. Show all posts
Showing posts with label pennant pattern. Show all posts
Monday, May 14, 2012

Monday Brings Solid Downside Move in Crude Oil

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Crude oil closed down $1.70 a barrel at $94.43 today. Prices closed near mid range today and hit a fresh 4 1/2 month low. The bears have the...
Thursday, May 10, 2012

Bearish Pennant Pattern Forms on the Crude Oil Daily Bar Chart

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Crude oil closed up $0.15 a barrel at $96.96 today. Prices closed near mid range today and saw tepid short covering in a bear market. The b...
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