Tag Archives: Crude oil

Market Alert! – Reversal date triggers buy in Crude oil. – swing trade strategies, swing trade signals, price action, action reaction, median line

Crude oil is trading sharply higher due to the weaker dollar and concerns that Wednesday’s oil stock’s report will be bullish.  The market posted a pivot low on Monday’s projected reversal date, setting up a bullish swing trade opportunity. Buy September Crude oil with a stop loss at 95.02.        … read more

Market Alert! Short Crude oil reaches target objective! – swing trading strategies, swing trade signals, median lines, action reaction, price action, market timing

TMV Swing Trade report – short August Crude oil @ 96.60 – current price @ 95.61 – The sharp decline that occurred during Wednesday’s session, bounced off the lower parallel line support and moved into a consolidation pattern. Although, the long-term cycle is still bearish, I expect a short-term corrective bounce before the market can… read more

Market news – Crude Oil Futures trade higher, but fail to hold gains after energy report.

Crude oil rallied off lows after an Energy Department report showed a bigger-than-forecast decrease in U.S. inventories. The report shows supplies fell by 3.41 millions barrels to 365.6 million barrels last week. Inventories were estimated to decrease by only 1.8 millions barrels. The supply decrease was offset my lower demand for diesel fuel and heating… read more

Futures news – EIA reports increase in Crude inventory! Futures broker, futures news, market news.

The EIA reported a that crude oil stocks and gasoline inventories jumped last week due to increased crude imports. Domestic crude stocks rose 616,000 barrels to 370.9 million barrels during the week ending on May 20. 2011. The increase surprised analysts who were expecting a decline of 1.3 million barrels.   Crude imports rose 662,000… read more

EIA Petroleum Status Report : Futures Trading Brokerage, Commodity Trading Brokerage, Futures Broker, Futures Swing Trading

Crude oil inventories came in at 0.0 barrels last week was 3.8 M barrels. Gasoline was at 0.1 M barrels Distillates was at -1.2 M barrels Imports drop and refinery demand went up which held down oil inventories at unchanged for the week of May 13.… read more

Silver Falls US Equities Rise – Futures Trading, Commodity News, Futures Brokers, Commodity Brokers,

News of the death of Osama bin Laden pushed Stocks and U.S. equity-index futures higher, Silver prices sank as speculative margin requirements were raised by the CME Group Inc. Also, in reaction to the news oil prices dropped the most in two weeks and the Dollar Index managed to snap a nine day slump.… read more

Swing Trading Strategies – Crude oil reached target objective! [chart]

May Crude oil traded to a high of 113.46, slightly surpassing the projected target objective of 113.25 before reversing lower. The next projected reversal date is due April 13, 2011. Check the TMV Swing Trade report for new swing trading strategies for the Crude oil.… read more

Swing Trading Strategies – Crude oil surges higher, reached short-term target objective! [chart]chart]

TMV Swing Trade Report – Long May Crude oil @ 109.05 – current price @ 111.57 – The market is pressing the ascending median line. This is the short-term target objective and portends a possible corrective pullback. Time to exit and wait for pullback to offer new entry pattern.… read more