Oil

Crude Break or Fake?

October 23, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -The most recent comments remain valid for crude. “Is crude leading the USD (which is bouncing from support)? The bullish outside day from 10/15 is on the verge of negation, which would put focus squarely...

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Crude Searching for Direction

October 21, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -Is crude leading the USD (which is bouncing from support)? The bullish outside day from 10/15 is on the verge of negation, which would put focus squarely on 42-43.19 (March and September lows). Crude needs...

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Crude Finds Support within New Uptrend

October 16, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -Most recent remarks were that “given failure at the 200 day average, crude might slip a little lower but be aware of 45.32/76 as support.” Today’s (10/15) low was 45.21. In line with the broad...

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Crude Fails at 200 Day Average; Support at 45.32/76

October 14, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -“Crude reached the median line and is plunging from that median line. The slope presented above has caught every important turn over the last few months…so follow it!” -“Crude has broken above the median line...

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Crude Breakout Faces 200 Day Average Near 51

October 9, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -Crude has declined for 10 consecutive weeks. The only other similar streak (since 1987) occurred in 1991 (10 weeks). Following the 10 week decline in 1991, a 3 month base formed that gave way to...

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Crude Breakout; Watch for Support Near 47

October 7, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -Crude has declined for 10 consecutive weeks. The only other similar streak (since 1987) occurred in 1991 (10 weeks). Following the 10 week decline in 1991, a 3 month base formed that gave way to...

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