Get started
WTI Crude Oil 3 Month Spread SyntheticWTI Crude Oil 3 Month Spread SyntheticWTI Crude Oil 3 Month Spread Synthetic

WTI Crude Oil 3 Month Spread Synthetic

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

5A1! trade ideas

#Crude under pressure #Inverted cup & HolderThe latest EIA data showed crude stocks fell by 5.187 million barrels last week, while analysts expected a 3.305 million drop. Still, fears about a potential global recession-driven demand downturn continued to hang over the market. On the supply front, OPEC+ decided to stick to their existing policy of reducing oil output by 2 million barrels a day from November through 2023. Investors were also assessing the impact of the latest sanctions on Russia, including a price cap and a European Union embargo on seaborne imports of Russian oil. Technically, Crude can witness level of 5400
MCX:CRUDEOIL1!Short
by CA_Chetanbhasin
Crude oil possibilities.Looks like crude oil is in complex correction which has crossed 100% and might touch 1.27 (5914) or 1.382 (5593) level and reverse.. Possibilities: 1. It might take support at 5854 level which is 0.786 retracement level from recent low-high 2. It might take a support at lower trend line which is coinciding with 1.27 level. If sharp move from 5914 or 5593level then it might make to another ATH This is just my view please make your own analisys and trade safe
MCX:CRUDEOIL1!Long
by harish2104gowda
Crude Oil (MCX): Monday - 05/12/22Levels: Support: 6500, 6350, 6250, 6050 Resistance: 6650, 6780 OI Data (15th Dec Expiry): Nearest Major Resistance in Crude per OI data: 6600 (2.3K), 6700 (2.5K) Nearest Major Support in Crude per IO data: 6500 (2.4K), 6400 (2K) Trade setup: 1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support) 2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance). Trade: 1. Looking at the OI data, it's going to be range bound : 6400-6700 2. So from OI perspective, this Option Strategy shall work for 15th Dec Expiry: Strategy: Iron Condor (range bound) BUY Call 7000, BUY Put 6100 SELL Call 6900, SELL Put 6200 All Dec-15 Expiry.
MCX:CRUDEOIL1!
by pradipandsuvra
WTI: Bears Are Outnumbering BullsWTI has been forming a flat A-B-C correction. According to Elliott's wave projection, the oil future looks bearish. Oil Future has accomplished wave A at 193.17 , and sub-wave (c) of wave ((B)) is creating an ending diagonal. The ending diagonal is a formation of five waves. WTI is to occur in wave 5 of an ending diagonal. If you are a safe trader, you can trade after the breakdown of wave 4 at 110 . Your target will be 105-99-93 . Aggressive traders can sell when the price falls below 119 . If it goes above the parallel channel, wait for levels to appear. Thank you @Money_Dictators
MATBAROFEX:WTI1!
by Money_Dictators
Market Recession indication - for education purpose only.Alert and Caution: Crude oil broke its low level 6240 (INR) .. heading to reach low 4700 (INR) levels before 26th Dec 2022. Indicating recession phase started in sluggish Industrial and Manufacturing sectors,,, Indicating No demand for New Products due to Global Inflation impact. All global markets will follow downward move along with Crude Oil fall till end of this year i.e., 26th Dec 2022. Disclaimer: this information is shared for education and analysis only not for trading
MCX:CRUDEOIL1!
by Uppada_Raghukumar