Market: Crude Oil


04/21/2014 – Crude Oil

Issued: 04/16/2014 June crude oil, 1. June crude oil remains inside the forecast longer-term advance expected into May 2014. 2. While a substantial continued advance remains indicated overall, a test/attempt at $103.00 (or lower) is expected in June crude prior to any substantial continuation move on the upside. 3. Therefore, any test/attempt of and daily …

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04/16/2014 – Crude Oil

Issued: 04/16/2014 May crude: 1. Aggressive longs from our April 9 long entry in May crude from $102.70 to $103.74 were instructed to raise their protective sell stop to $102.85 in anticipation of higher prices. The subsequent swing low made yesterday, Tuesday, April 15 was $102.91. 2. Today’s May crude advanced further, making a new …

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