Technical outlook on Crude

What do you think?

  • Agree

    Votes: 23 53.5%

  • Disagree

    Votes: 14 32.6%

  • Don't know

    Votes: 6 14.0%
  • Total voters
    43
Quote from usman88:

well I am 21 years old and have started trading only a year back and thus dont know about the dot com days and dont trade stocks either( in the US markets)
Here I must say that I am not saying that market is going down....I just said to remain careful.
I am also a daytrader but it always pays to look at the fundamentals

IMO the bull run is limited till wednesday 1030ET
I maybe wrong...lets see
More...

Comprende Amigo :)

ImO it's more important to see how OTHERS view fundamentals, hence I only look at charts to see what the heck powers that be are up to.

Best to all!
 
Quote from usman88:

IMO the bull run is limited till wednesday 1030ET
I maybe wrong...lets see
More...
what is going to happen?..next weeks EIA report?...is that what you are talking about?
 
Quote from increasenow:

what is going to happen?..next weeks EIA report?...is that what you are talking about?
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yes and I am also hoping thats when they realize that

1)Venezuela is responsible for less than 1% of US crude supply
2)SPR is already near its max capacity
3)Cold weather is over
4)Economy is down the ground
 
Quote from usman88:

yes and I am also hoping thats when they realize that

1)Venezuela is responsible for less than 1% of US crude supply
2)SPR is already near its max capacity
3)Cold weather is over
4)Economy is down the ground
More...
so you see a major TANKING down about to happen for Crude...correct?down to what?...$68?
 
what is the BEST website for CL/QM Crude Oil news, Technical analysis, Fundamental analysis etc.?I searched the forums here but could not find it...basically a 'short and sharp and concise' website totally focusing on Crude Oil prices, news, trading etc...perhaps with pivot, support, resistance numbers etc...looking for free content...thanks in advance!!!
 
Quote from increasenow:

so you see a major TANKING down about to happen for Crude...correct?down to what?...$68?
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dont know and dont care either
all I know is that I have to be very careful and that market can drop to $85 anytime
 
Quote from bond tr4der:

We hit 100 next week.
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its looking that way - i guess lots of traders are looing out for 3rd test failure to exit longs or short the $100:eek:
 
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