MCL1 Head and Shoulder Pattern! H&S price retested neckline a few times and no closed below it heading to first support at 63.6 then > 60.80 and possible extension to 57.8
Related commodities
Crude Oil: Equilibrium, Key Levels & Trade ScenariosNYMEX:CL1! NYMEX:MCL1!
Market Recap
In our prior crude oil commentary, we identified a bullish flag formation with key support anchored at the Q3 micro composite Value Area Low. Following a measured pullback, prices decisively reclaimed the Q3 micro composite Value Area High, subsequently adv
Crude Oil Resumes Its WeaknessCrude oil rised and then fell sharply from above 78 dollars back in June, after tensions in the Middle East. The drop unfolded as an impulse into wave A, so even if this is just a counter-trend move down from 78, it still appears incomplete. After we recently spotted a corrective rally in wave B tha
S&P gold oil coffee8 5 25 in this video we're looking for some scalping trades the video gives my perception of where the buyers and sellers are and where the opportunity is for both buyers and sellers
A look at multiple markets Eight six 25 that I looked at about 4 or 5 markets today including gold and a few other markets. I focused on 1.272 extensions which are very effective and getting you out of the market before you lose your profits. I talked a little bit about a stop in reverse approach to the market which can
Crude Awakening. This Double Bottom’s Built DifferentCrude oil is sitting at a critical technical level. Zooming out to the daily chart, we’re seeing a textbook double bottom forming at $64.70 a level that’s already been defended twice this summer. Each time price tagged that zone, buyers stepped in with conviction, and last month we saw a strong rall
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Crude Oil setting up for a Long Trade to $78.40In the long term, Crude Oil is in a short position.
We can see this from the red pendulum fork, which projects the price movement downward.
However, in the short- to medium-term, we're long, as clearly illustrated by the white fork. Supporting the case for higher prices is the Hagopian signal that
Crude oil: Sell around 66.50, targeting 63.00-60.00Crude Oil Market Analysis:
We've stated this dozens of times before: the overall trend of crude oil is bearish. As long as crude oil doesn't break above 70.00, we can maintain our bearish outlook. Today, we maintain our bearish outlook and continue to sell on any rebounds. Crude oil fundamentals do
Crude oil: Sell around 70.20, target 65.00-64.00Crude Oil Market Analysis:
Yesterday's crude oil market was very strong, with buying driving the market higher. The daily chart ultimately closed with a clear bullish candlestick. Buying on the daily chart is testing the resistance level between 70.00 and 70.60. After two consecutive days of bullis
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of WTI Midland (Argus) Trade Month Futures is 75.63 USD — it has fallen −0.96% in the past 24 hours. Watch WTI Midland (Argus) Trade Month Futures price in more detail on the chart.
Track more important stats on the WTI Midland (Argus) Trade Month Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For WTI Midland (Argus) Trade Month Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for WTI Midland (Argus) Trade Month Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for WTI Midland (Argus) Trade Month Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of WTI Midland (Argus) Trade Month Futures technicals for a more comprehensive analysis.