_________________
Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2021 TradeOnline.ca InvestOnline.ca
There is a high probability that WTI will break above the May high of $$72.90. It is in the cards!
West Texas Intermediate Daily Chart
Reference my last chart analysis for black gold.
______________________________
http://www.oilsandsmagazine.com/energy-statistics/world#consumption
______________________________
What are Natural Gas Liquids – NGL
______________________________
http://www.oilsandsmagazine.com/energy-statistics/world#consumption
______________________________
______________________________
______________________________
Reference my last chart analysis for WTI.
______________________________
West Texas Intermediate Daily Chart
Reference the last chart analysis for WTI.
______________________________
“Technical Analysis is about probabilities.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.
© 2016 TradeOnline.ca
WTI Crude Daily Chart
Reference my last post on crude dated October 19, 2016: https://tradeonline.ca/2016/10/19/intermediate-near-term-uptrend-wti/
______________________________
“Technical Analysis is about probabilities.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.
© 2016 TradeOnline.ca
West Texas Intermediate 3-Year Chart
$45 was resistance on the way up so it is support on the way down. The reversal of roles is an important concept in technical analysis. Reference https://tradeonline.ca/2016/04/28/west-texas-intermediate-closes-resistance-45/
______________________________
“Technical Analysis is about probabilities.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.
© 2016 TradeOnline.ca
WTI 6-Month Daily Chart
______________________________
“Technical Analysis is about probabilities.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.
© 2015 TradeOnline.ca
WTI 6-Month Daily chart
______________________________
“Technical Analysis is about probabilities.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.
© 2015 TradeOnline.ca