Crude Oil | - Part 31

Tag Archives: Crude Oil

A.M. Look 11/16/18

Posted on 11/16/2018

Oil…will need over 58 to turn up on the long-term P&F Spu’s..currently trading 60 points lower on the week will rollover again on the medium-term Point & Figure below 2710. Looking at the weekly chart today’s close seems somewhat meaningless. … Continue reading →

A.M. look 11/15/18

Posted on 11/15/2018

Spu’s are currently stuck on the 25X3 P&F between last night’s range. Below the Mid 2680’s or above the 2716 ish level. Oil the 25 X3 P&F shows 55.11 is possible again. GBP/USD…closing below 127.65 drops the Pound out of … Continue reading →

A.M. Look 11/13/18

Posted on 11/13/2018

Spu’s will require a 2765 print for a reversal higher on the 50X3 P&F. There they will run into resistance. Oil…60.10 was last years close. Last month was an ORL. 64.43 is 12/31 qtrly ORL # 58.07 is the semi … Continue reading →