Light Crude Oil Futures CL1!

eternallearner

Explained on the chart. Believe it or not - is up to you. This is my personal opinion- not to be construed as a trading recommendation. Do due diligence. Follow your own method/system. NOTE:- This is my first analysis on commodity. Like it or not- PRESS "LIKE" button to find gems in future.

nikunjbhadja Pro

Crude Oil Ichimoku Cloud Setup : 1). Today's close is below the Conversion Line 2). Cloud is broken with volume 3). Chikou span is slanting downwards All these parameters are showing bullishness at CMP, and more bullishness will be visible after it cross 1300. If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$. #This...

khulvenaveen

Crude oil is trading under upward sloping channel. Not good for equity as it will impact the profit margins of all the sectors as probably all sectors required crude as raw material/input

DillikiBilli

The OPEC announcement to raise production does not seem to have any effect and Crude Oil seems to be all set to touch USD 121 very soon.

CA_Niranjan

Crude - immediate short term bearishness And a bullish reversal post retracement Gann & Fib based analysis.

BakkulJain

crudeoil cmp 114.30 $ if trade and close above 118. Bulls will have upper hand till 150-184. sl 104 closing basis

navjotsingh12356

CL1! futures broke out of its upward channel in late February and now the upper end of this channel is acting as a good support. If it continues to hold these levels, new highs will be seen pretty soon!

RATONYCNC

Fundamental Development : Oil was up on Tuesday morning in Asia opening higher after falling sharply during the prior session. WTI futures were up 0.97% to $99.50. Both Brent and WTI benchmarks ended the previous session down around 4%, with Brent tumbling as much as $7 a barrel during the session and WTI falling roughly $6 a barrel. China will keep liquidity...

lordfourth Pro

Previous break down has been invalidated by newly formed Inverted Head and Shoulders and Broke out. can go long NYMEX:CL1!

lordfourth Pro

Head and Shoulders formation done and Broke down. Can go short

lordfourth Pro

CRUDEOIL has formed of head and shoulders pattern. Can look to find short trades.

hardikshah21286

NYMEX Crude Close below $119.75, seeking more cool off... It should support and bounce.. Level matters....

Swayam_Sreetam_Das

Seems like Crude Oil Futures will touch the mark of $115 very soon, with respect to current news and trend...... Invest wisely for short term #Invest at your Own Risk.. #

SolomonsView Premium

Crudeoil has been on a tear making new highs in the last few weeks . All this may have ended in a wave 5 of 5 and a major turn seems to have begun. The downmove from the Feb 15th high is clearly a diagonal wave A ( or wave 1) , a correction in wave B ( or wave 2) has completed a few hours back. As long as the 94.95 high holds , look for an accelerated move at a...

wonderfulCraft1454

WTI has made a ABC correction wave after 12345 fall from 83 till 62. WTI should fall til 59 and second target

MDstockmagic

crude oil reversed from supply zone near $79 and intensified the selling pressure below our selling level $74 now downside demand zone is $67--$68... if broken than straight away $61 crude oil collapsed new Covid variant led to fears of renewed mobility restrictions, potentially hitting demand from the air travel market.

PradeepRajput Premium

Crudeoil is on a strong uptrend. Good buy on a dip on daily charts. COT Data still strong. Comments on chart

vipulmehta817 Pro

Crude Oil continuous futures contract on the weekly chart seems to have pulled back from its decade+ old trend line breakout. Breakout happened in Jun'21 and crude bounced back on the trend line. We have seen successful bounce from the trend line support and can expect the price to turn bullish from here on the weekly scale. If so, 76 would be the immediate target...