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100

Forecast for Crude Oil 2022Fundamentals- A month into 2022 we have seen a slow grind into highs for NYMEX:CL1! . This is unusual as seasonally oil trades down this time of year. In part, this can be accredited to growing demand in European markets due to tensions between Russia and Ukraine. I don't expect this demand can or has been priced in efficiently. As we head into February and April, I expect some of the paper barrels to unwind, as somewhat of a stalemate between the EU and Russia has been established. Omicron has been the other big question mark for Oil going into this year. So far cases have been less severe and OPEC stated in early January that production should be on expected pace and to prepare for condensed markets. Furthermore, in January, Oil inventories have stacked up more than expected on multiple occasions even adding 2.4 mil on January 20 (against 1 mil projection). I expect for this trend to continue as we head into slower months for oil and to factor in for near term downside in price. However, on the long term scope I am remaining bullish. Crude imports in the US are down historically and some reversion in this trend makes sense as commerce and travel industries continue to reopen. Furthermore, with the Oil Markets potentially facing sanctions during this presidential term more upside can be expected. Add the fact that emerging economies such as Brazil and Indonesia have purchased major energy companies, adding support to markets these is still a lot to like about energy in the next year. Many banks and other financial institutions have called for $100 oil and I am on the same page, but in a timely manner. More established global demand, tighter monetary policy around energy use/trade, and the leveraging of energy markets by countries across the world points to $100 later this year. Technicals- Oil has traded above the 2021 High very slowly, showing clear signs of buyer exhaustion. While it looks as though it has topped out, I wouldn't count out one test of supply at 91.36 before downside ensues. I expect oil to trade below 83.07 which would trigger a swift downside move as paper longs cover and frantic offers follow price down. I would like to see downside capped around 73.50 in April at just above the Value of this range. From there I expect for a new value be established around 76.45. If we trade back to current value at 71.11, it is probable we trade lower towards discount pricing at 65.36 though I don't expect demand to falter to that degree. After establishing value at or around 76.45 I believe we can trade back up into 100 in late August. Some topside levels to consider are 91.36 which I believe will serve as a near term cap to prices and 94.72 which is a major historical level and will likely act as resistance during an up-move.
NYMEX:CL1!
by crawfordpaul
Nasdaq-100: Done correcting, or are we entering a bear market?Hey Trader, please see my current idea on US-100. Price Action is currently trading above the 2.618 extension for our possible wave c. This point here will be crucial for the next days, since it decides from a purely technical perspective if the Nasdaq-100 is entering a bear market, or current panic is just hot air and we have a deep correction here. I'm speculating on a corrective pattern, because I think that rate hikes are now priced in already and the Dollar will become weaker again. Inflation may peak even more, so that investors don't have a reason to stay in their money just to see it vanish. I hope I am wrong, but I fear we will see a Hyper inflationary Environment this year. This is no financial advice, Your RT.
ULong
by RT_Trading_
2
Possible Tesla bottomHey Trader, please see my current idea on the Tesla Stock, where count suggests a possible bottom. This is due to the fact, that price action is currently moving in a flat correction. We already hit the first correctional target and are now off to the second one as marked on the chart. Fundamentally, Tesla has reported impressive quarterly earnings over consensus. Musk also informed that Tesla is going to focus more on the Tesla Robot and that this will be next huge project for the firm. Investors sold their shares as first reaction to this news, which in my opinion was an overreaction. As Musk said, this could be a huge possibility for the Firm since Robotics can be the market of the future. I like the fact, that Tesla is not just going to be a Car Company and I am therefore bullish on the stock. Please share your thoughts, for further information see below. This is no financial advice. RT
NASDAQ:TSLALong
by RT_Trading_
2
EURAUD 4H PRICE ACTIONEURAUD has been in a slight up trend since March this year. We are looking for an option that follows the growth trend of the euro. Resistance at 1.5875 becomes support from July 16th. The trend continues. 100 pips above resistance at 1.5975 becomes support from July 19th. The trend continues. Fib 0.236 was not observed as well as Fib 0.382. A suitable possible option for buy is at the meeting of the support line with the trend line, which is also in the "golden zone". Techniques such as moving average show up trend. My expectations are LONG TERM @ 1.5985
Long
by dsubotic
NDX / NASDAQ 100 Technochasm Bull RunThe NASDAQ 100 (NDX) 'Technochasm' is still showing strong momentum on the monthly Heiken Ashi. A correction will come; but only time will tell when that time is. I am still holding a long position until the market proves otherwise. Some of the top Nasdaq holdings are over-valued in my humble opinion, with AMZN leading the way BUT, it certainly appears the Technochasm bull run is not over yet, as AMZN has broken out on the weekly/monthly chart after moving sideways for the past 11 months. Will it continue to push upwards? We will see over the coming weeks...
TVC:NDQLong
by SPN2021
BTC.USDT bitcoin price, warning Hiiii all traders this is kind of warning for whole market, why?? due to reasons below👇 1. USDT.D seems to be prepare for a height jump according to symmetrical triangle(guess what would happen then?!) 2. tow strrrrong resistant in BTC chart( Kijun Sen( red line) and MA200(blue line)) 3. as it seen the MA50 and the MA200 are about crossing in next few days, which can be alarm for BTC price to another big fall 4. and some other fundamental & technical evidence... in my opinion these could lead BTC to touch it's long_term bottom,between 19k-21k(sweet price for long position) be aware and prepare 🤞🤙
BITSTAMP:BTCUSD
by The-Ivar96
2
Twitter craving for new ATH!Right now everything is just right on Twitter. In the past few weeks a wedge has formed that now seems to break out in the 3/4 range. We were also able to overcome the MA50 with high trading Volume . Compared to its direct competition from the tech sector, Twitter has a favorable price / earnings ratio of 15. The fact that the NASDAQ-100 has some catching up to do with the S&P and the Dow supports my thesis that Twitter will gain enormous momentum with the quarterly figures at the end of April. I am very confident about this stock. My target price: $ 100
NYSE:TWTRLong
by RaffaeleL
7