New Video For The DOW...."Perception Indicates That the Bear is Back"

We have just finished a new video on the Dow Jones Industrial Index (DOW) that we would like to share with you.

This may be a short video, but I think you’ll get a lot out it. We will analyze what’s going on right now in the DOW, how it has developed over the last six months, and where we expect the DOW to go in the next six months.

As we have discussed before, perception is everything in the marketplace. We believe that perception is beginning to change in this market and the bears are back.

You can watch this video with our compliments and there is no registration requirements. We would love to get your feedback about this video, so comment away!

Just Click Here To Watch Video

4 FREE Videos for INO TV! Click Here

Oil Falls for Sixth Day on Forecasts U.S. Gasoline Supply Rose

Crude oil fell for a sixth day, the longest losing streak since December, before a government report that is forecast to show U.S. fuel inventories increased. Supplies of gasoline and distillate fuel, a category that includes heating oil and diesel, probably climbed, according to a Bloomberg News survey before today’s Energy Department report. Yesterday, the industry funded American Petroleum Institute said stockpiles of gasoline rose.....Complete Story

Today’s Stock Market Club Trading Triangles

Crude Oil Lower Overnight, Due For Consolidation Day

Crude oil was lower overnight and spiked below the 38% retracement level of the February-June rally crossing at 62.25. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term.

If August extends the decline off last week's high, the 50% retracement level of the February-June rally crossing at 58.58 is the next downside target. Closes above the 20 day moving average crossing at 68.98 are needed to confirm that a short term low has been posted.

Wednesday's pivot point, our line in the sand is 63.12

First resistance is the 10 day moving average crossing at 67.19
Second resistance is the 20 day moving average crossing at 68.98

First support is the overnight low crossing at 61.87
Second support is the 50% retracement level crossing at 58.58

Trade Crude in 90 Seconds Click Here

Natural Closes Lower, Sets up Likely Lower Open For Wednesday

Natural gas closed lower on Tuesday and below April's low crossing at 3.52 as it extended the decline off June's high. The low range close sets the stage for a steady to lower opening on Wednesday.

Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near term.

If August extends this summer's decline, weekly support crossing at 3.155 is the next downside target. Closes above the 20 day moving average crossing at 3.971 are needed to confirm that a short term low has been posted.

First resistance is the 10 day moving average crossing at 3.77
Second resistance is the 20 day moving average crossing at 3.97

First support is Monday's low crossing at 3.37
Second support is weekly support crossing at 3.16

For a free online tour of MarketClub….a risk FREE 30 day test drive...Just Click Here

Pickens: Time To Use Natural Gas

Oil tycoon T. Boone Pickens talks to Fox Business on the slip in crude oil and the reasoning behind the delay in his massive wind farm project.



Today’s Stock Market Club Trading Triangles

Oil Falls as Equities Drop, Report Shows Gasoline Supply Gain

Crude oil fell to a six week low as equities slumped and an industry report showed an increase in gasoline inventories in the U.S., the world’s biggest energy consuming country. Oil dropped after the American Petroleum Institute said gasoline supplies rose 767,000 barrels to 212.4 million last week. U.S. stocks fell on concern technology spending will slow and second-quarter earnings will fail to justify a four month rally in equities.....Complete Story

Get your favorite symbols' Trend Analysis TODAY! Click Here

Crude Oil Market Commentary For Tuesday Evening

Crude oil closed lower on Tuesday as it extended last week's decline. The low range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are oversold but remain bearish signaling that sideways to lower prices are possible near term.

If August renews the decline off June's high, the 38% retracement level of this spring's rally crossing at 62.20 is the next downside target. Closes above the 20 day moving average crossing at 69.44 are needed to confirm that a short term low has been posted.

First resistance is the 10 day moving average crossing at 67.78
Second resistance is the 20 day moving average crossing at 69.44

First support is today's low crossing at 62.35
Second support is the 38% retracement level crossing at 62.20

How To Spot Winning Futures See Video NOW

EIA Sees Slightly Smaller Drop in US Natural Gas Production for 2009

The U.S. Energy Information Administration has revised its forecast for U.S. natural gas production, the decline of which has been lessened for 2009 compared to the governmental agency's prediction last month. In June 2009, the EIA estimated that U.S. natural gas production would fall by 1.1% in 2009 and 2.6% in 2010. According to its Short Term Energy Outlook, the EIA now expects total U.S. marketed natural gas production to drop by 0.6% in 2009.....Complete Story

4 FREE Videos for INO TV! Click Here

OPEC Oil Price Plummets

The oil price of the Organization of the Petroleum Exporting Countries (OPEC) took a steep fall of $2.46 at the start of the week,the Vienna based group announced Tuesday. The basket price for OPEC produced oil dropped to $63.66 Monday. Since the end June, it has shed $5.90. Analysts have linked the current downward trend to lower than forecast economic data from the United States, particularly last week's bleak jobless figures. OPEC's 12 member countries produce more than a third of the world's crude oil.

A Good Trading Education = a Good Trader = Good Profits….Watch INO TV

Technical Analysis: Gasoline Poised for Slide to 8 Week Low

Gasoline futures may fall nearly 7 percent to an eight week low if the August contract closes below $1.70, according to a technical analysis by Lind-Waldock & Co. in Chicago.
A drop below the 55 day smooth moving average around $1.70 would send prices down to $1.625, the uptrend line connecting the Feb. 19 and April 27 lows, said Blake Robben, a strategist at Lind-Waldock, a division of MF Global Ltd. If prices fall below trendline support, "$1.55 is the next level,” Robben said in an interview.....Complete Story

4 FREE Videos for INO TV! Click Here

Saudi Aramco, Total Sign $9.6B Refinery Deals

State run oil giant Saudi Aramco and France's Total S.A. on Tuesday signed $9.6 billion in deals with contractors to build the 400,000 barrel per day Jubail export refinery, one of the oil rich kingdom's top projects. The two companies awarded 13 contracts for the project, the official Saudi Press Agency reported. The Jubail refinery is seen as a key part of Saudi Arabia's plan to boost overall capacity. But the joint venture had suffered.....Complete Story

Learn To Trade Crude in 90 Seconds Click Here

Video: Why Are Oil Prices Falling?

Phil Flynn of PFG Best Research talks to Fox Business on why oil has declined this week and what he thinks about talk of $55 dollar oil.



4 FREE Videos for INO TV! Click Here

Oil, Gas Market Speculation May Face Restrictions by U.S. CFTC

U.S. regulators say they may clamp down on oil and gas price speculators by limiting the holdings of energy futures traders, including index and exchange traded funds. The Commodity Futures Trading Commission will hold hearings to explore the need for government imposed restrictions on speculative trading in oil, gas and other energy markets, Chairman Gary Gensler said today in a statement. The agency didn’t say when the hearings would start or who would be asked to testify.....Complete Story

4 FREE Videos for INO TV! Click Here

Crude Oil Slightly Higher on Short Covering

Crude oil was slightly higher due to short covering overnight as it consolidates some of Monday's decline. Stochastics and the RSI are oversold but remain bearish signaling that sideways to lower prices are possible near term.

If August extends the decline off last week's high, the 38% retracement level of the February-June rally crossing at 62.25 is the next downside target. Closes above the 20 day moving average crossing at 69.54 are needed to confirm that a short term low has been posted.

Tuesday's pivot point for crude oil, our line in the sand is 64.38

First resistance is the 10 day moving average crossing at 67.98
Second resistance is the 20 day moving average crossing at 69.54

First support is Monday's low crossing at 63.40
Second support is the 38% retracement level crossing at 62.25

Create FREE Portfolio Click Here

Video: S&P 500 Update For Monday Evening

Today we are going to take another look at the S&P 500 Index. It appears that some of the rose coloring on traders’ glasses is beginning to wear thin. Many more traders now perceive this as a two way trading market as opposed to a one way street we witnessed in March and April.

We are going to be analyzing a daily S&P index chart and making some observations that We think potentially could work out if certain elements fall into place.

At the present time our “Trade Triangle” technology is indicating a neutral stance in this market. With the -55 reading our “Trade Triangles” are indicating a trading range which could possibly be an early sign of a reversal.

You can watch this video [just click here] with our compliments and there is no registration requirements. We would love to get your feedback about this video so please feel free to leave a comment.

Sharon Epperson: Where Is Oil Headed Tuesday

CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil is likely headed tomorrow [Tuesday].




4 FREE Videos for INO TV! Click Here

Energy Market Summary For Monday

Crude oil closed down $2.36 at $64.37 a barrel today. Prices closed near mid range and did hit a fresh six week low. The market was pressured again by concerns about a weak U.S. economy after last Thursday's jobs report. The bulls are fading badly.

Heating oil closed down 656 points at $1.6360 today. Prices closed near the session low and hit a fresh six week low today. Bulls are fading badly.

Unleaded gasoline closed down 408 points at $1.7500 today. Prices closed near the session low and hit a fresh six week low today. Bulls are fading badly.

Natural gas closed down 11.3 cents at $3.502 today. Prices closed near mid range and hit a fresh contract low today. Bears are in firm technical control again.

Today’s Stock Market Club Trading Triangles

Oil Falls to Five Week Low, Gasoline Drops on Economic Concern

Crude oil fell to a five week low and gasoline declined on growing concern that the global economic recovery will falter, curbing fuel consumption. Oil dropped for a fourth day, the longest losing streak since February, as U.S., European and Asian stock markets declined. The dollar advanced against the euro, curbing the appeal of commodities to investors looking for an inflation hedge. Oil in New York is down 13 percent from an eight month high of $73.38 touched on June 30.....Complete Story

Six Attacks on Natural Gas Pipelines.....IN CANADA!

A series of bombings of natural gas pipelines in northeastern British Columbia in Canada are "domestic terrorism," authorities said. The first attack was reported in early October. This past weekend, the Royal Canadian Mounted Police confirmed a sixth bombing caused a leak in an EnCana Corp. line south of Dawson Creek, British Columbia. No one has been injured in the bombings, but they have caused leaks that could prove hazardous, authorities said.....Complete Story

Get your favorite symbols' Trend Analysis TODAY! Click Here

Oil Plunges Below $64 on Fears Recovery May Lag

Oil prices plunged nearly $3 to below $64 a barrel Monday as dismal unemployment figures from the U.S. and Europe last week sparked investor doubts about any nascent economic recovery. A significant fall in natural gas prices - a likely sign that industries are still struggling and unlikely to add jobs - as well as gains by the U.S. dollar and falling stock markets around the world all helped push energy prices lower.....Complete Story