WTI Oil Full Fundamental And Technical Analysis

Nov 3, 2023

Here's another detailed 9 Min runover.

Oil is heavily sentiment effected at the moment and we have seen previously how this can move markets.

It is essential to be trading it in proportion to the new market risk.

Here's how.

Nov 3, 2023

Note

Minor longs applicable.

Nov 3, 2023

Note

Carrying bias into monday.

Nov 6, 2023

Note

Lock in gains.

Nov 9, 2023

Note

Look for entry conf.

Nov 10, 2023

Note

Lock in gains.

Nov 13, 2023

Note

Holding long gains.

Nov 13, 2023

Note

Exit longs for gains.

Nov 14, 2023

Note

Bouncing off early resistance amid bad sentiment. Re longs far lower, shorts far higher.

Nov 15, 2023

Note

Holding same bias. Movement needed, not expected immediately given current sentiment.

Nov 16, 2023

Note

Longs just over 68$ would not be suprised if we trickle lower.

Nov 17, 2023

Note

Risk averse zones (66$ area)

Nov 20, 2023

Note

RE shorts 80-82$

Nov 23, 2023

Note

Still awaiting higher highs. Light longs applicable.

Nov 27, 2023

Note

Exit longs and look for higher moves to RE short.

Nov 30, 2023

Note

Short bias still exists circa 81$. See new sentiment for longs and be careful on entry (realistic)

Dec 18, 2023

Note

Bias remains in market due to local sentiment. Holding off new shorts until 74.5

Dec 18, 2023

Note

Light shorts.

Dec 18, 2023

Note

exit for gains.

Dec 29, 2023

Note

Investor (major) longs only under prev low (W)