As most of my regular readers know I am staying near term bearish on the whole oil and nat gas sector, I still see 58 before 100. And from time to time I like to share the work of some of my favorite bears, don't worry when we are in a bull market I will share the work of my favorite bulls.
Here is a couple of current charts reflecting the work of one of my favorite bears Atilla at the xtrenders website. Check it out and please feel free to leave a comment and our readers know what you are thinking.
$OSX - Oil and Gas Drillers / Monthly
$XOI - Oil Index
Due to the short history of Oil Index ($XOI), I prefer to analyze one of its major and historical component, Exxon. / monthly
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Showing posts with label xtrends. Show all posts
Showing posts with label xtrends. Show all posts
Friday, October 2, 2009
Atilla's "Reinforcing Gravity of Price Time Continuum"
Thursday, September 3, 2009
Great Post From One of my Favorite Bears......When This Whole Thing is Over
One of the biosphere's most popular bears [in his defense, it is a bear market] is Atilla Demiray. He is one of the key figures at the wildly popular and controversial xtrends blog. He was kind enough to share his current chart work on crude oil and it is a treat. Look it over and please leave a comment on what you think, good or bad!
Click the chart to enlarge....
Check out his recent post When this whole thing is over...
Click the chart to enlarge....
Check out his recent post When this whole thing is over...
Labels:
Bears,
biosphere,
controversial,
Crude Oil,
xtrends
Sunday, June 21, 2009
Could This Be Crude Oil's New Trading Range?
I couldn't resist posting this chart from one of my favorite swing traders Atilla and his blog xtrends. Atilla has become popular this year as a die hard bear, an unfair title as he is just a realistic trader that looks at long term trends. And yes it's true, we are still in a bear market.
Here is his current view on the trading range we are in for crude oil
Just click on the chart to enlarge.....
Here is his current view on the trading range we are in for crude oil
Just click on the chart to enlarge.....
Labels:
Atilla,
Crude Oil,
gold,
inventories,
trend analysis,
xtrends
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