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Crude Oil Futures WTI (CL1!)

July 7 - 11: Buy Stock Indices DIPs! Watch For Gold, Oil FVGs!In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of July 7 - 11th. Stock Indices are strong, so dip opportunities should present themselves next week. Gold is bullish-neutral. Could see strength enter this market as July 9th approaches. Silver is bullish. No reason to short it. Oil is in a Monthly +FVG. If the FVG fails, it will confirm bearishness. Couple that with the fundamentals, I am watching for that confirmations to sell US Oil. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:NQ1!
by RT_Money
WTI OIL This is the only Support right now.WTI Crude Oil (USOIL) is so far holding its 1D MA50 (blue trend-line), the natural medium-term Support, following a quick price deflation after the Israel - Iran de-escalation. In our opinion, the trend-line that currently matters most though, is the Higher Lows coming straight from the May 05 Low. If broken, we expect a quick test of the 0.786 Fibonacci retracement level, as it resembles the December 2023 - May 2024 Higher Lows trend-line. Even the 1W RSI is similar among the two fractals, and it has to be said that both are part of the 2-year Channel Down pattern. So if the Higher Lows trend-line breaks, we can target $61.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot
Crude Oil Weekly OutlookNYMEX:CL1! NYMEX:MCL1! With Nasdaq futures hitting all-time highs, our attention now turns to Crude Oil, which has seen a sharp pullback over the past week. All-time highs in equity indices present a unique challenge: There are no historical reference points—no prior price or volume data to lean against. Traders typically turn to tools like Fibonacci extensions, measured moves, or rely on market-generated information and emerging intraday levels before making decisions. What Has the Market Done? Crude Oil Futures (CL) posted a record drop last week, falling sharply from a Sunday open high of $78.40 to a Monday close low of $64.38—a $14.02 decline. This sharp sell-off followed developments suggesting a potential Iran–Israel ceasefire and the end of a two-week conflict, prompting markets to rapidly unwind the geopolitical risk premium. What is it trying to do? CL Futures have since consolidated around the 2025 mid-range. The market appears to be in a balancing phase, digesting the removal of war-related premiums and recalibrating based on fundamentals. How Good of a Job Is It Doing? Having effectively priced out war risk, the market is now refocusing on fundamentals. The global demand outlook is improving, driven in part by progress in trade deals. OPEC’s June Monthly Oil Market Report (MOMR) forecasts global oil demand growth of 1.3 mb/d for 2025. This transition from headline risk to fundamental drivers indicates market maturity and resilience, albeit within a still-volatile regime. What Is More Likely to Happen From Here? Today marks the final trading day of the month, and seasonal demand will become increasingly relevant. Summer weather and travel activity are expected to drive demand for jet fuel and gasoline. These seasonal tailwinds, if sustained, could help stabilize price action around key technical zones. Key Levels: yOpen: 67.65 pHi: 66.09 pIB Hi: 66 2025 mid-range: 65.39 pLow: 64.80 Overnight Low: 64.55 Naked VPOC: 64.50 Scenario 1: Continued Consolidation (Balance Holds) Crude oil maintains range-bound behavior. Strategy: “Outside-in” trading—fade moves at range extremes until new directional information emerges. Scenario 2: Break from Balance If directional conviction builds, price could break the current consolidation. Upside target: Yearly open near $67.65. Downside risk: March 2025 low if $64.40 fails. All intraday levels noted above should be monitored for structure and participation.
NYMEX:CL1!
by EdgeClear
WTI OIL Progressively bearish on the long-term. Eyes $52.50.A week has passed since our sell signal on WTI Oil (USOIL) and the emerging geopolitical stability has already helped the price move much faster towards our $58.20 Target (see chart in related ideas below). If we look at it from an even longer term perspective, the 1W time-frame in particular, we can see draw some very useful conclusions about the bearish case. First of all that this week's High got rejected exactly on the 1W MA200 (orange trend-line), which is the trend-line that made the last 3 major rejections on the market (January 13 2025, October 07 2024). As you can see, that was a textbook Double Top formation. The last Double Top rejection took place on June 06 2022, the previous multi-year Top for the market. The result was a continued sell-off that didn't stop before testing the 1W MA200, which is now the Resistance. As a result, even though our $58.20 Target stands, on the longer term we can even see a -37.36% decline towards the end of the year. Contact with the bottom of the Channel Down can be made at $52.50. Alternatively, you can look at the 1W RSI, which has a clear Sell and clear Buy Zone. This week it was rejected on the Sell Zone, so you may look to book your profit as soon as it enters the Buy Zone. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot
WTI CRUDE OIL: Massive 4H MA50 bearish breakout.WTI Crude Oil has turned neutral again on its 1D technical outlook (RSI = 48.933, MACD = 2.900, ADX = 47.682) as it just broke with force under the 4H MA50. Every time this has taken place in the recent past, a strong downtrend followed. The last such selling sequence dropped by -23.71%. The 4H RSI is on the exact same spot as then. We are bearish, TP = 59.00. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILShort
by InvestingScope
What Is the Base Price or Long-term Support for Crude Oil?What is the base price for oil? Specifically, today we will discuss crude oil, and we can apply this understanding to other commodities as well. I won't go into too much technical detail about the difference between the base price and the cost price for crude oil, but for most people, it helps to see the title as “Is there a bottom-line price or support level for crude oil?” My answer is yes, and this is due to inflation. Over time, we tend to pay higher prices for food, gas and many others that we consume. The cost of goods varies between producers and merchants, and then from merchants to end consumers. However, it all starts with the producer. Before a producer acquires oil for refining, they reference crude oil prices as a benchmark to decide whether to make a purchase or hold back. So, “Is there a bottom-line price or support level for crude oil?” As we can see from the yearly chart, in every few years the base price of crude oil keeps adjusting higher; in levels and stages. There is also this parallel channel formed by joining across its troughs and mirror it to its prominent resistance, we can observe crude oil prices range bound between this broad uptrend over time. We can try to apply this analysis to other commodities; we will find a similar broad uptrend across most of them. But why? Because of inflation. Regarding the bottom-line support for crude oil, we observed that it was at $10 from the 1980s until the turn of the millennium. Over time, accounting for inflation, this support level shifted upward to around $30 from the early 2000s until 2020, the year of COVID-19. And now we can see there is a new support at $60 since the start of 2020. How to explain this break below $30 base price and went to -$40? In technical analysis, this break is considered a false break, because, at the close of that year, on this yearly chart, prices settled above the support line at $30. The story behind this is that when COVID hit, airlines were grounded, leading to storage issues for large quantities of oil. It cost more to store the oil than its selling price, which caused prices to drop below zero, reaching as low as -$40. But prices ultimately found its equilibrium and settle at a fair value at $48 that year. Where is the support for crude oil, and what is its current direction? This was a video analysis on Sep 2024, in this weekly chart, we can see a wedge pattern. Then I believe if the price breaks above this downtrend line, it suggests that we may see higher crude oil prices. And this analysis is taking shape today. We can see prices initially broke above this trendline, but shortly sink below and broke this support line at $66 to $55. And today we are at $73 after the renewal of the Middle East tension. How should I interpret the move to the recent low around $55? I would encourage to always discover the development with different time frame as time progress. Switching to the yearly chart, we observed that crude oil is still supported above $60 that year. Please also make a point to adjust this downtrend line from time to time as market dynamic changes. Watch the full video: WTI Crude Oil Futures & Options Ticker: MCL Minimum fluctuation: 0.01 per barrel = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Trading the Micro: www.cmegroup.com www.cmegroup.com
NYMEX:CL1!Long
by konhow
Weekly Market Forecast: Wait To Buy S&P, NAS, & OIL!In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of June 22-28th. The tensions in the Middle East take center stage, as Iran has signaled they are willing to discuss limitations on there Uranium enrichment program. This could allow outflows from safe havens and inflows to risk assets. Keep and eye on Silver for shorts, in the near term, though. Let's see if the market tilts its hand early next week. Monday should bring clarity. Wait for confirmations before entering trades. A break of structure would be ideal! Enter on the pullback to that structure point. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:MNQ1!
by RT_Money
Missiles Flying! Buy OIL, GOLD! Sell the Stock Indices!In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of June 22-28th. This is a revision of the Weekly Forecast I posted yesterday! With the latest US strikes into Iran nuke sites, the fundamentals go from zero to a hundred! Risk on turns immediately to risk off, and gap opens are likely to present themselves. Look to long the safe havens and short the equities until tensions ease. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYMEX:CL1!
by RT_Money
$100 a barrel coming soon for Crude oil futures In this video we focus on the current accumulation in the oil chart and the prospect of higher prices ahead . I highlight how the respect of the previous quinquennial pivots gave us a 45% move to the upside in the past 8 weeks . Looking ahead on the monthly timeframe we have the following confluences above the current price of $75 . Above the current pa we have the point of control at $ 88 and the avwap at $97, if we can reclaim the poc I think we will continue to push up to the fib levels that I have mentioned in the video. In addition to the above we also have the decennial pivots at $107/$112 alongside the value area high . All of this validates for me why oil will be pushing back up throughout the course of the year . Tools used in the video Tr pocket , pivots , fived range volume profile and fib expansion
NYMEX:CL1!Long
by SJTRADESFUTURES
3
Crude Oil Futures: Navigating Geopolitical Risk and VolatilityMarket Context: NYMEX:CL1! COMEX:GC1! CBOT:ZN1! CME_MINI:ES1! CME_MINI:NQ1! CME:6E1! Implied volatility (IV) in the front weeks (1W and 2W) is elevated, and the futures curve is in steep backwardation. This indicates heightened short-term uncertainty tied to geopolitical tensions, particularly in the Middle East involving Iran and Israel. The forward curve, however, suggests the market is not fully pricing in sustained or escalating conflict. We evaluate three possible geopolitical scenarios and their implications for the Crude Oil Futures market: Scenario 1: Ceasefire Within 1–2 Weeks • Market Implication: Short-term geopolitical premium deflates. • Strategy: Short front-month / Long deferred-month crude oil calendar spread. o This position benefits from a reversion in front-month prices once the risk premium collapses, while deferred months—already pricing more stable conditions—remain anchored. o Risk: If the ceasefire fails to materialize within this narrow window, front-month prices could spike further, causing losses. Scenario 2: Prolonged War of Attrition (No Ceasefire, Ongoing Missile and Air War) • Market Implication: Front-end volatility may ease slightly but remain elevated; deferred contracts may begin to price in more geopolitical risk. • Strategy: Long back-month crude oil futures. o The market is currently underpricing forward-looking risk premiums. A persistent conflict, even without full-scale escalation, may eventually force the market to adjust deferred pricing upward. o Risk: Time decay and roll costs. Requires a longer holding horizon and conviction that the situation remains unresolved and volatile. Scenario 3: Full-Scale Regional War • Market Implication: Severe market dislocation, illiquidity, potential for capital flight, and broad-based risk-off sentiment across global assets. • Strategy: Avoid initiating directional exposure in crude. Focus on risk management and capital preservation. o In this tail-risk scenario, crude oil could spike sharply, but slippage, execution risk, and potential exchange halts or liquidity freezes make it unsuitable for new exposure. o Alternative Focus: Allocate to volatility strategies, defensive hedging (e.g., long Gold, long VIX futures), and cash equivalents. o Risk: Sudden market shutdowns or gaps may make exit strategies difficult to execute. Broader Portfolio Considerations Given the crude oil dynamics, there are knock-on effects across other markets: • Gold Futures: Flight-to-safety bid in Scenarios 2 and 3. Long positioning in Gold (spot or near-month futures) with defined stop-loss levels is prudent as a hedge. • Equity Index Futures (E-mini Nasdaq 100 / S&P 500): Vulnerable to risk-off flows in Scenarios 2 and 3. Consider long volatility (VIX calls or long VX futures) or equity index puts as portfolio hedges. In Scenario 1, equities could rally on resolution optimism—especially growth-heavy Nasdaq. • Currency Futures: USD likely to strengthen as a safe haven in Scenarios 2 and 3. Consider long positions in Dollar and Short 6E futures. • Bond Futures: Risk-off flows theoretically should support Treasuries in Scenarios 2 and 3. Long positions in 10Y or 30Y Treasury futures could serve as a defensive allocation. Yields may retrace sharply lower if escalation intensifies. However, given the current paradigm shift with elevated yields, higher for longer rates and long end remaining high, we would not bet too heavily on Bond futures to act as safe haven. Instead, inflows in Gold, strengthening of Chinese Yuan and Bitcoin will be key to monitor here. Scenario-based planning is essential when markets are pricing geopolitical risk in a non-linear fashion. Crude oil currently reflects a consensus expectation of de-escalation (Scenario 1), which opens the door for relative value and mean-reversion strategies in the front-end of the curve. However, given the asymmetric risks in Scenarios 2 and 3, prudent exposure management, optionality-based hedges, and a flexible risk framework are imperative. A diversified playbook; leveraging volatility structures, calendar spreads, and cross-asset hedges offers the best path to opportunity while managing downside risk.
NYMEX:CL1!
by EdgeClear
WTI OIL Overbought RSI = best time to sell!WTI Oil (USOIL) has been trading within a 2-year Channel Down pattern and due to the recent Middle East geopolitical tensions, the price catapulted near its top (Lower Highs trend-line). That made the 1D RSI overbought (>70.00) and every time that took place since September 2023, the pattern priced its Lower High and started a Bearish Leg. As a result, an overbought 1D RSI reading has been the strongest sell signal in the past 2 years. The 'weakest' Bearish Leg after such sell signal has been -25.29%. As a result, we have turned bearish on WTI again, targeting $58.20 (-25.29%). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot
Oil Rebounds to $59 as US Inventories Drop – Reversal Ahead?After recent declines, crude oil futures (CL1!) staged a modest recovery during Thursday’s session, trading near $59.10 per barrel. The rebound comes as US crude inventories unexpectedly dropped, easing concerns about oversupply and providing a short-term lift to prices. Key Drivers Behind the Rebound US Inventory Drawdown – The latest EIA report showed a decline in crude stockpiles, signaling stronger demand and helping prices stabilize. Technical Support Holds Firm – The bounce aligns with a critical daily demand zone, which previously acted as a strong support level on the weekly chart. Market Sentiment Shifts – While retail traders remain bearish, commercial traders (often considered "smart money") are increasing long positions, hinting at a potential trend reversal. Traders should watch for follow-through buying to confirm whether this is a short-term correction or the start of a larger reversal. Bottom Line: Oil’s rebound is fueled by fundamentals (lower inventories) and technicals (strong demand zone). With commercial traders betting on higher prices, the stage may be set for a bullish reversal—if buyers sustain momentum. ✅ Please share your thoughts about CL1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
NYMEX:CL1!Long
by FOREXN1
2
Buy OIL & GOLD, Sell Stocks Indices When Missiles Are Flying!In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of June 16-20th. When missiles start flying in the Middle East, investors become reactively risk averse. Money goes from stocks to safe havens and oil. That's it. Expect oil prices to rise, Gold to reach new highs, and the equity markets to see more sellers than buyers. This environment may last a few days or a few weeks. Keep an ear to the news. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:MES1!
by RT_Money
Crude Oil - Two Scenarios and about Brain PowerPrice retests the L-MLH. VI. - Price breaks upward, target is the centerline VII. - Price reverses again, then the target is the 1/4 line, with a subsequent extended target at the red centerline, and possibly even lower at the white dashed warning line. On a personal note: I was once again told that the price didn’t do what I had projected. ...yeah, really, that’s how it is §8-) After over 30 years in the markets and hundreds of coaching sessions, I’m still amazed that people think you can predict price movements as if with a magic crystal ball. The fact that this belief still persists (even though they don’t understand even the absolute basics of trading) deeply concerns me at the core of my trading soul. Because this growing irrationality clearly indicates that far too little is being done in terms of education – or humanity might simply go extinct in the next 100 years due to rapidly declining intelligence! ...maybe I should just create a chart and apply a few median lines/forks? Happy trading to all of you and I pray for those with lesser brain power.
NYMEX:CL1!
by Tr8dingN3rd
WTI OIL Massive rejection on the 1D MA200.WTI Oil (USOIL) has been trading within a Channel Down for over a year now and today its latest Bullish Leg hit the 1D MA200 (orange trend-line) for the first time since February 03 2025. Unless we see a sustainable structured rise that turns it into a Support, the long-term bearish trend should prevail, and the market has already reacted to this with a strong rejection. With the 1D RSI almost overbought (>70.00), being consistent with the last 3 major tops, we expect a gradual decline towards Support 1, as it happened on the January - February 2025 Bearish Leg. Our Target is just above it at $55.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:WTIShort
by TradingShot
1
Crude Oil Going Higher - TA and fundamentals aligneThe 0-5 count is not over yet. Sudo 4 and 5 are still lurking. It's good to see how the Medianline-Set cought the Highs of the swings. Likewise we can see the subborn rejection at the Center-Line at P3. I will not trade CL to the short side, until it's clear that P4 is engraved in this Chart. Until then, I maybe shoot for some intraday or dayli trades in Crude. Economy Facts that support a rise, up to P4: Crude oil refineries typically switch to producing more gasoline (fuel for cars) in the spring, particularly around March to April in the United States and other northern hemisphere countries. Seasonal demand: Warmer months mean more driving and vacation travel, increasing gasoline demand. Regulatory change: Refineries begin producing summer-grade gasoline, which has lower volatility and is required by environmental regulations (especially in the U.S. under EPA rules). The switch to summer-grade gasoline must be completed by June 1st for retail and May 1st for terminals and pipelines in the U.S. In Summary: - Switch begins: March–April - Completed by: May (terminals), June (retail) - This seasonal shift is often called the "refinery maintenance season" or "spring blend switch."
NYMEX:CL1!Long
by Tr8dingN3rd
4
WTI CRUDE OIL: Channel Down needing to fill its top. Bullish.WTI Crude Oil turned bullish on its 1D technical outlook (RSI = 62.137, MACD = 0.740, ADX = 26.844), having completed a very strong 1W candle last week. This is the continuation of the May 5th bottom rebound. All prior such rebounds have filled at least the 1W MA50, having touched the 0.618 Fibonacci retracement level. The 1W RSI LH trendline gives a good sense of where to sell, but since the 0.618 Fib is the guide, the target is TP = 71.15. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
Weekly Market Forecast: BUY Stock Indices & Oil! Sell Gold! In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of June 9 - 13th. Stock Indices are looking more bullish. Valid buys only! Gold is weak. Sells only until there is a market structure shift upwards. Oil prices have room to go higher. Buy it. Silver is a wait and see. Should start to pull back this week, as it closed last week stronger than Gold. CPI Wednesday. After the news is announced, the market should be very tradeable for the rest of the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYMEX:CL1!
by RT_Money