$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 conflue
Contract highlights
Related commodities
What Is the Base Price for 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 s
CL1! Structural NarrativeResearch Idea
If look we beyond surface appearances, we would ask what kind of iterative, generative, or probabilistic mechanisms could have created those movements. Complexity can arise from simplicity, and that what looks messy may follow deep mathematical logic.
We can see the curve that connec
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 s
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
A barrel at $130? Not unless Hormuz closes for good.As tensions in the Middle East between Iran, Israel and the United States escalate, speculation about a $130 oil barrel resurfaces on the markets. While the recent rise in prices is very real, fuelled by geopolitics, there is nothing in the fundamentals or in the technical analysis to justify such a
HMMMCL1! Crude Oil Futures – 1D & 4H Technical Breakdown by GOAT
This chart presents a comprehensive multi-timeframe analysis of NYMEX Crude Oil Futures (CL1!), utilizing daily and 4-hour views to outline key technical levels, trend momentum, and potential trade setups.
🟤 Left Panel – CL1! Daily Chart
Geopolitical Oil Shocks May Be Short-Lived and Prices May Fall
Crude oil prices are climbing by over 1% today across both Brent and West Texas Intermediate, approaching their highest levels since January.
These gains are driven by rising concerns over the fallout from a potential escalation in the Israel–Iran war, especially with the prospect of direct U.S. m
See all ideasÂ
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Crude Oil Futures (Jun 2023) is May 22, 2023.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Crude Oil Futures (Jun 2023) before May 22, 2023.