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WTI Crude Oil 3 Month Spread SyntheticWTI Crude Oil 3 Month Spread SyntheticWTI Crude Oil 3 Month Spread Synthetic

WTI Crude Oil 3 Month Spread Synthetic

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5A1! trade ideas

oil and the case for why you live in a movieYou ever wonder why the last two elections of the beloved man went kinda similar. Like two women, and they were hated by all, but "pumped" by the media... Then 2-3.5 weeks out from the election, SNL makes fun of the women and they are said to be "not what Americans need or want" or something to that tune Then suddenly there is mass "oh deep state suddenly exists now" within 3 weeks of the elections lasting into the first 2 months of office holding. Then there is this whole sudden complacency among everyone by like month 1.5 to 2 months in...even though the country is being torn to shreds infrastructure wise and debt laden to the teeth Then there is the mass promises to fight off the baddies and expose everyone for their wrong doing and get "Merika" back on track Then there is this sudden shakeup where people start wondering why their guy is offloading tariffs and sanctions on everyone and yet not focusing on this whole infrastructure "make this pig pretty again" and then pumping Ukraine with money and weapons>>>"I sent the Javelins" Then we shall skip that 2020 stuff for reasons that if it wasn't there, you couldn't see it (check out a simple googling of "excess deaths constant across decades" to see if you can't see IT) Then he gets labeled a baddie and needs to be run out of town with supposed election complications allowing for 4 years of >>>>look that way>>now look at NVDA>>>now look at Ukraine>>>then dont look there>>>now look at those terrible people making everything for us cheaply and not supplying weapons to a place as close as Cuba>>>now look at USAID>>okay every whats that in the sky...is that Dodge or some shiny coin...wait no, just more rug pulls by sanctioned and elected people are you catching my drift....you need to see that the roads are bad, your insurance premiums are high and medical attention is poor...and that the "American dream is basically up for grabs", so you all just handed it to someone who literally rug pulled all of you 2 times before and after inauguration and then once again last Sunday on a media post Here...this is from some of the guys at the 4 "Three Letter Agencies" i worked with and had contacts with to make sure you can think properly... a thought experiment: If it looks like a duck, okay....And it walks like a duck, okay....and it quacks like a duck, okay...Then how did inferior steel and technology that is less significant that a Nvidia GPU get to the marble in the sky and we haven't done it since that great sexy year :), okay...its because You are the duck and you live off the crumbs you are fed. To which when you complain, the feeders (powers at be/deep state) say, "You were free to do as you please and leave at any time and you decided to come over for something real quick to satisfy you and forgot who you were....look in the pond and what do you see?" ask any childhood torture victim or study abused people^^^ its how you know, cause if you dont get it, then you never will. So in short....Chinese electric use is skyrocketing and their oil is going down due to technological achievements and there is less going on in the west cause you have been in a recession since 2022...look at many charts of staple food or product companies and you will see it. So hold on folks...cause that next piece of bread they are planning to throw out at you may be a dooosy ps..spelling of words and phrases structured in a way are made so to elicit certain feelings...so read carefully and remember: "Fire" can be said 5 different ways but its just a word after all
NYMEX:CL1!
by CYQOTEK
1
This is a more detailed 1-hour chart of WTI Crude Oil Futures Current price appears to be trading around $66.40-$66.60, having recently bounced from a low point near $65.36 (marked with an orange line). The chart reveals several important technical elements: 1. The price is currently in a consolidation phase after a significant downtrend 2. There's a clear dotted red resistance line around $66.40-$66.60 that the price is currently testing 3. Multiple descending trendlines (red) show continued overall bearish pressure 4. Support at $65.36 was tested and held, creating a potential short-term bottom For this evening's price movement, the most likely scenarios are: 1. Primary scenario: Rejection at the current resistance level around $66.40-$66.60 (dotted red line) with a retest of the $65.36 support level. The volume profile and overhead resistance suggest this is the path of least resistance. 2. Secondary scenario: If buyers can sustain momentum, a push toward the $66.80-$67.00 level is possible, which represents the next significant resistance zone. The presence of multiple bearish trendlines and the recent downtrend suggests that upside moves may be limited, making the primary scenario of a move back toward $65.36 more probable for this evening's session. The increased volume during the recent sell-off (visible in the volume bars at the bottom) further supports a bearish bias, though the bounce from $65.36 suggests some buying interest at that level.
NYMEX:MCL1!Short
by professor_kwame
2
Crude Oil – A $10 Short with a Valuable LessonThe price hit the Upper Median Line Handle (U-MLH) three times and was rejected each time (red circles). These were all high-potential short trade opportunities. However, none of these short trades managed to reach the Profit Target Goal (PTG) at the Center Line (CL). When the price repeatedly fails to hit the CL, it often builds up momentum for a larger move. The last short opportunity from the U-MLH was at Circle #3. If you missed it, you have another chance now. Breaking the "shelf" (the petrol support line) is just like breaking a Median Line or a Center Line. It’s not magic—though it may sometimes seem like it. The three slanted petrol lines extending to the right function the same way as a fork. So, we just broke the (petrol) Center Line, right? Now, where is the price likely to go after breaking this (petrol) Center Line? That’s right! There is about an 80% probability that it will move towards the (petrol) Lower Median Line Parallel. What a coincidence—it aligns exactly with the red Center Line! Of course, this is all based on probabilities, not guarantees. We can't predict the future, but we can rely on rules, statistics, and knowledge. I hope you learned something today. If you enjoy my work, I’d appreciate it if you like and share it with others. Have a great day! 😊
NYMEX:CL1!Short
by Tr8dingN3rd
2
Recap: Short below LIS/Yearly Open Crude OilNYMEX:CL1! Another day and EdgeClear brings you another recap where one of the highlighted scenarios in our weekly plan for WTI crude oil, published on February 24, 2025 , played out as expected. Our Scenario 3 looked at price discovery extending the 2025 range into Q4 2024 lower distribution. Our analysis indicated an initial move lower bouncing from CVPOC 2022 support. The key was price moving below key LIS/yearly open. We did not see a bearish head and shoulders pattern develop, however, the rest of the plan played out as expected. Note the price action till Friday, 28th Feb 2025. We have been consistently providing traders with a roadmap for WTI crude oil with our thoughts and opinions on the market. WTI crude oil is a fundamental product that is affected by several factors, such as: macro, geopolitical, economic, supply, demand, and oil production dynamics. Our analysis considers these developments along with auction market theory and key indicators that may be important to watch at times. As an example, for our January 13, 2025, blog , we noted increased volume with increased open interest that drove bullish sentiment in crude oil prices. We also highlighted potential short opportunities that played out per our plan. For last week’s blog, we noted the overall trend in volume and open interest falling, indicating a potential move lower. This combined with multiple tests of our key LIS/ yearly open, strengthened our thesis for further price discovery lower. In our blog, we have highlighted two key ranges: $70 - $75 - Q1 2025 Value Area $65 - $70 - Q4 2024 Lower Distribution Focus is shifting towards oil market fundamentals i.e., supply, demand, and production outlook. While headline news may drive short-term and intraday volatility, investors and market participant’s focus will shift towards oil market fundamentals. On March 3rd, 2025, OPEC+ reaffirmed its decision from December 5, 2024, to proceed with gradual and flexible return of 2.2 mbpd voluntary cuts, starting April 1, 2025. It provided a detailed table along with a cautious approach should this decision require any amendments. In our analysis, while trade war and tariff tantrum create uncertainty around demand outlook, any news providing clarity on tariffs will be considered net positive.
NYMEX:CL1!
by EdgeClear
#202509 - priceactiontds - weekly update - wti crude oil futuresGood Evening and I hope you are well. comment: 300 point range last week and we closed near the middle of it. Bulls buy new lows and bears sell every rip close or above the 4h 20ema. Bear channel is still valid but it’s getting weaker. We have also touched my bull trend line from 2024-09 and market has formed a triangle with a nested bear wedge. No big moves, both sides make money. So either scalp the range or don’t look at this. Update after crypto reserve news spike: Bear channel could still hold and if it does, the move down will be even more violent because of so many new trapped traders. Above 97k the bear channel is dead and we continue sideways inside the previous range 90k - 110k. current market cycle: trading range key levels: 68 - 72 bull case: Bulls have to be content with buying new lows and scalping a couple of points. Every rip is sold and they just can’t catch a break. Until they have a daily close above 72 again, there is nothing going for them. Sure they keep new lows shallow and the bear trend is getting weaker but that does not help any bull if they don’t make higher highs again. Very low chance that bulls see this as a very broad bull channel where this leg down was a test of the breakout price 70. If you look at a weekly chart, we are still making higher lows and higher highs. Invalidation is below 67.8. bear case: Bears fear that the bull trend line from September is bigger support and the bear trend is getting weaker. That is likely a reason why we will probably see more sideways movement now and less new lows. Bears are still favored until we have higher highs above 72 again. Shorts below 71 are bad, no matter how you put it. Invalidation is above 72. short term: Neutral. Shorts close or above 71 are fine and longs below 69. medium-long term - Update from 2025-02-23: Bear trend is getting weaker but I still see this going sideways around 70 instead of a range expansion. current swing trade: None chart update: Updated bear channel.
NYMEX:MCL1!
by priceactiontds
Bitcoin crude oil3.3.25 Bitcoin had an incredible move lower and then quickly came back into the original range box... the take-home message on bitcoin is that it's trading in a Range and while it is not at the new high there's a reasonable chance that this Market will go higher from here. more has to happen before I would be bearish on bitcoin. I started talking about crude oil and I didn't finish... I would not be a buyer or a seller on crude and I'll clarify it on another video. I will also talk about gold and silver. I spent most of the time showing you pattern setups and reversal patterns and ABCD patterns and range boxes and that you trade range boxes to double if they go higher or they double and go lower and when you use that relationship the market typically takes you to the next level. I use a handful of tools and then I make my decisions and it's always about where the buyers and sellers are and something that I call to bar reversals. I always look at markets to decide if they are expanding or Contracting because those properties if you follow them will help you decide how far the market will move in your favor if you're long or short and they allow for you to have small stops and if you use the techniques you'll know what a realistic Target is as a buyer or a seller.. be patient with my style of delivery eventually you'll see the patterns and will decide if this is the way you want to trade but like any system you should get used to drawing the patterns and always be cognizant of whether a markets trending or ranging or is expanding or Contracting.
NYMEX:CL1!
by ScottBogatin
WTI Crude: Uptrend on the Brink—Break or Bounce Ahead?WTI crude oil is testing key uptrend support, offering fresh trading setups depending on how the price action evolves. With Tuesday’s bearish key reversal candle, RSI (14) trending lower and MACD confirming the bearish momentum signal, a downside bias is favoured. However, with crude already down sharply—and past rebounds from the trendline often proving violent—patience is key. A clean break below the uptrend could open the door for shorts, with a stop above for protection. Buyers have stepped in around $67–$66.33, making that a key zone to watch. A break lower would put the September 2024 swing low in play. If support holds, the setup could be flipped. Longs could be established above with a stop beneath for protection. Former channel support sits near $69.60 today—making it an initial upside target—with Tuesday’s high around $71.30 next on the radar. Good luck! DS
NYMEX:CL1!
by FOREXcom
"Crude Oil’s Next Wave: A Bearish Ride Down the Elliott LadderLooking at the CL weekly chart through an Elliott Wave lens, I’m seeing a compelling setup for a bearish move in crude oil. The price action suggests we’re poised to break below the key support zone between $67 and $65—a level that’s held firm but looks ready to give way. If this plays out, I’d expect a drop toward the $54 area, and should momentum really kick in, we could even see $50 as the next target. The wave structure aligns with a classic corrective decline, and the momentum indicators are hinting at exhaustion in the prior uptrend. What’s your take on this—any counters or confirmations from your charts?
NYMEX:CL1!Short
by COLOMBINI-TRADING
WTI Crude Oil CL Futures Weekly Plan AnalysisNYMEX:CL1! In this tradingview blog, we will refer to our February 18, 2025 weekly trade plan for NYMEX WTI CL futures . Last week, we outlined two potential scenarios, with our primary scenario playing out—though not exactly as expected. Prices reversed lower more sharply than anticipated, offering minimal pullbacks on the 4-hour timeframe. However, when analyzing the hourly chart, our plan aligned well, as prices ultimately reverted to key LIS/yearly open bull support, which also confluences with the 2025 VAL. We highlighted the following key levels: 2025 mcVPOC: 72.82 Feb 2025 mcVAH: 72.48 2025 mcVAL: 70.56 Yearly Open/ LIS: 70.52 Key Bull Support/ Confluence Zone: 70.52 - 70.12 Scenario 1 stated “Range bound week ahead.” We noted the following: “In this scenario we expect range bound price action contained within Feb 2025 micro composite Value Area.” Consistency is key in everything we do. We are creatures of habit. Energy flows where attention goes. We provide these weekly plans to traders and the wider public to showcase that, instead of strategy hopping, a trader can achieve consistency by sticking to one approach. If that approach is not working, perhaps it is time to go back to the drawing board. Whether that be backtesting, walk-forward optimization or incorporating key market statistics that you have gathered and observed. The goal of these weekly plans is to provide you with a structured roadmap that you can adapt to your own trading style. In our experience, while there are many ways to approach the market—whether through different indicators or methods for drawing levels and plans—staying consistent in your approach often leads to identifying similar key levels. Volume, price and time leave behind footprints. Although they do not provide a certain future, they can help you stay grounded, accepting the random nature of the markets, thinking in terms of probabilities and perhaps learning more so you can also gain similar insights. As Bruce Lee said, “I do not fear a man who practiced different kicks a thousand times. I would fear a man who practiced the same kick a thousand times.”
NYMEX:CL1!
by EdgeClear