Archives pour la catégorie Pétrole

WTI: trade of the year

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. A PEI is in progress with our MACD. Our 7 / 23 years moving averages are always on a bull trend.

Idea:  UY / LY spread is increasing

Bet: towards UQ is expected.

R= UQ (120.63), PY (144.3), +++    S= PM (82.46)

 

Long term: higherwards LM (49.90ng as MQ (44.60

On a quarterly basis, the spread UQ / LQ is maximal but expending. TAM are up without PEI.

On a monthly basis, UM / LM spread is increasing. A PEI is in progress with our stochastic and with our moving averages. A type II is in progress.

Idea: new maximal spread for UQ / LQ is likely

Bet: Wait early June for a “very special” target.

R= UQ (120.63);   S= PM (81.25)

 

Medium term: bullish

On a weekly basis, a PEI is in progress with our moving averages and with our stochastic.

Idea: Higher as long as MW proves to be a support.

Bet: a new bullish pattern will develop.

R = +;     S = MW (93.43)

 

Short term: higher

On a daily basis, a PEI is in progress with our moving averages and with our stochastic.

Idea: a bullish parallel will develop

Bet: bullish as long as MD = support.

 

 

Conclusion: buy call and wait for PY as a first target….

 

Brent: higher (medium / long term basis)

Long term: higher

On a monthly basis, a type II is in progress

Idea: use bullish parallel rules

Bet: Very bullish above PQ

R= PQ (117.3), Historical High (147);   S= MM (82.6)

 

Medium term: bullish parallel in progress

On a weekly basis, a bullish parallel is in progress

Idea: use bullish parallel rules

Bet: higher for two periods or more.

R = PQ (117.3);     S = PW (108.18)

 

Short term: neutral

On a daily basis, UD / LD spread is a reference one.

Idea: LD is a strong support

Bet: nothing to do this week.

 

Conclusion: wait early April.

 

Crude oil: neutral

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. A PEI is in progress with our MACD. Our 7 / 23 years moving averages are always on a bull trend.

Idea:  UY / LY spread increasing each week

Bet: towards UQ is not ruled out.

R= 100, PQ (115.14)    S= MM (77.47)

 

Long term: higher

On a quarterly basis, the spread UQ / LQ is maximal. TAM are up.

On a monthly basis, the spread UM / LM is shrinking and not far away from its reference level. A NEI is in progress with our Bollinger bands.

Idea: rise as long as our MACD is not overbought

Bet: a bullish pre-parallel pattern could develop..

R= 100;   S= PM (76.39)

 

Medium term: bullish parallel qualification

On a weekly basis, a bullish parallel is in progress.

Idea: use bullish parallel rules

Bet: MW will act as a support.

R = UW (93.44);    S = MW (86.27)

 

 Short term: flat

On a daily basis, our Bollinger bands spread is above a reference one. TAM are neutral.

Idea: LD is a strong support

Bet: wait for a bullish signal.

R = MD (89.8), LD (93.24);    S = LD (86.35)

 

Conclusion: nothing to do.

 

Crude oil: 100 $ could be a maximal target within some months

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. A PEI is in progress with our MACD. Our 7 / 23 years moving averages are always on a bull trend.

Idea:  UY / LY spread increasing each week

Bet: 100is our first main resistance

R= 100, PQ (115.14)    S= MM (77.46)

 

Long term: higher

On a quarterly basis, the spread UQ / LQ is maximal. TAM are up.

On a monthly basis, the spread UM / LM is shrinking and not far away from its reference level. A NEI is in progress with our Bollinger bands.

Idea: rise as long as our MACD is not overbought

Bet: no bullish pattern could develop.

R= 100;   S= MM (77.46)

 

Medium term: bullish parallel qualification

On a weekly basis, a bullish type III PEI is in progress.

Idea: use bullish parallel rules

Bet: higher

R = UW (94.47);    S = PW (87.25), MW (84.24)

 

 Short term: flat

On a daily basis, as long as LD proves to be a support, a recovery could develop.

Idea: With an oversold status for our stochastic, MD will be our first objective.

Bet:

R = MD (90.42);    S = LD (88.42)

 

Conclusion: higher on a medium term basis.

 

Crude oil : rise on a medium term basis

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. A PEI is in progress with our MACD. Our 7 / 23 years moving averages are always on a bull trend.

Idea:  UY / LY spread increasing each week

Bet: towards UQ is not ruled out.

R= 100, PQ (115.14)    S= MM (77.49)

 

Long term: higher

On a quarterly basis, the spread UQ / LQ is maximal. TAM are up.

On a monthly basis, the spread UM / LM is shrinking and not far away from its reference level. A NEI is in progress with our Bollinger bands.

Idea: rise as long as our MACD is not overbought

Bet: no bullish pattern could develop.

R= 100;   S= MM (77.49)

 

Medium term: bullish parallel qualification

On a weekly basis, a bullish type II PEI is in progress.

Idea: use bullish parallel rules

Bet: higher

R = UW (94.65);    S = PW (87.25), MW (84.29)

 

Short term: flat

On a daily basis, our Bollinger bands spread is a reference one. TAM are neutral.

Idea: UD and LD are our targets

Bet: wait for a bullish signal.

R = UD (92.44);    S = LD (88.4)

 

Conclusion: higher on a medium term basis.

 

Crude oil: higher on a medium term basis

Yearly trend: higher 

On a yearly basis, the pattern in progress looks like a parallel pattern. A PEI is in progress with our MACD. Our 7 / 23 years moving averages will continue to be on a bull trend.

Idea:  UY / LY spread continue to increase

Bet: towards UQ is not ruled out.

R= 100, UQ (115.14)    S= PM (73.26)

 

Long term: higher

On a quarterly basis, the spread UQ / LQ is maximal. With our 7 / 23 quarters moving averages, a bullish A type crossover is in progress. Our MACD and stochastic are oversold.

On a monthly basis, the spread UM / LM is not far away from its reference level. Without a PEI on our quarterly TAM, as long as our MACD is not overbought, the rise in progress will continue.

Idea: higher for 2011

Bet: rise but not bullish.

R= 100;   S= PM (73.26)

 

Medium term: bullish parallel qualification

On a weekly basis, a bullish parallel is in progress.

Idea: use bullish parallel rules

Bet: PW will act as a support

R = 100, +;    S = PW (87.25), MW (83.35)

 

 

Short term: flat

On a daily basis, our Bollinger bands spread is a reference one. With our weekly TAM, no specific pattern could develop on a daily basis.

Idea: UD will act as a resistance. LD will act as a support.

Bet: nothing to do this week.

R = UD (91.72);    S = LD (87.18)

 

Conclusion: higher on a medium term basis.

 

Crude oil: flat on a short term basis

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. The current status for our MACD is a bullish no-crossover. Our 7 / 23 years moving averages are always on a bull trend.

Idea: higher with UY / LY spread increasing each week

Bet: 87.15 (2010 high) is our first resistance

 

Long term: neutral

On a quarterly basis, the spread UQ / LQ is maximal. With our 7 / 23 quarters moving averages, a bullish pseudo no-crossover could develop this year. MACD and stochastic indicators are without trend.

On a monthly basis, the spread UM / LM is shrinking but is far away from its minimal level. Our moving averages, stochastic and MACD are neutral.

Idea: a bullish no-crossover could be the status for our MACD

Bet: MM will act as a support

R= 87.15, UM (91.12);    S= MM (72.27)

 

Medium term: recovery

On a weekly basis, UW and LW are up. Our 7 / 23 weekly moving averages are up. Stochastic and MACD indicators are oversold. As long as our MACD is not overbought, the recovery in progress will continue.

Idea: UM is a strong resistance

Bet: higher in October

R = UM (91.12);     S = MW (77.48)

  

Short term: neutral

On a daily basis, UD / LD spread is not minimal. With an oversold status for our MACD, a bullish no-crossover could develop with our 7 / 23 days moving averages.  Above UD, UM is our next objective.

Idea: with an oversold status for our stochastic, UD will be a target

Bet: UD is our next target.

R = UD (84.83);          S = MD (81.31)

 

Conclusion: above annual high is not ruled out (declining $?)

 

Crude oil: above 90 this year.

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. The current status for our MACD is a bullish no-crossover. Our 7 / 23 years moving averages are always on a bull trend.

Idea: higher with UY / LY spread increasing each week

Bet: 87.15 (2010 high) is our first resistance

 

Long term: neutral

On a quarterly basis, the spread UQ / LQ is maximal. With our 7 / 23 quarters moving averages, a bullish pseudo no-crossover could develop this year. MACD and stochastic indicators are without trend.

On a monthly basis, the spread UM / LM is shrinking but is far away from its minimal level. Our moving averages, stochastic and MACD are neutral.

Idea: a bullish no-crossover could be the status for our MACD

Bet: MM will act as a support

R= 87.15, UM (91.18);    S= MM (72.29)

 

Medium term: recovery

On a weekly basis, UW and LW are up. Our 7 / 23 weekly moving averages are up. Stochastic and MACD indicators are oversold. As long as our MACD is not overbought, the recovery in progress will continue.

Idea: UM is a strong resistance

Bet: higher in October

R = UM (91.18);     S = MW (77.1)

 

Short term: bullish parallel

On a daily basis, a bullish parallel qualification is in progress. PD failed as a support with M7 down.  

Idea: use bullish parallel rules

Bet: today,  if PD acts as a resistance, next objective is MD

R = PD (84.43), UD (85.98);          S = MD (79.81)

 

Conclusion: above annual high is not ruled out (declining $?)

 

 

WTI: higher with $ decline

 

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. The current status for our MACD is a bullish no-crossover. Our 7 / 23 years moving averages are always on a bull trend.

Idea: higher with UY / LY spread increasing each week

Bet: 87.15 (2010 high) is our first resistance

 

Long term: neutralwards LM (49.90ng as MQ (44.60

On a quarterly basis, the spread UQ / LQ is maximal. With our 7 / 23 quarters moving averages, a bullish pseudo no-crossover could develop this year. MACD and stochastic indicators are without trend.

On a monthly basis, the spread UM / LM is shrinking but is far away from its minimal level. Our moving averages, stochastic and MACD are neutral.

Idea: UM is a strong resistance

Bet: MM will act as a support

R= 87.15, UM (91.13);    S= MM (72.27)

 

Medium term: recovery

On a weekly basis, UW and LW are up. Our 7 / 23 weekly moving averages are up. stochastic and MACD indicators are oversold. As long as our MACD is not overbought, the recovery in progress will continue.

Idea: UM is a strong resistance

Bet: higher in October

R = UM (91.13);     S = MW (76.6)

Short term: bullish parallel?

On a daily basis, a bubble is in progress. A bullish crossover PD / MD occurred. With a bullish no-crossover for our MACD, 80.3 could act as a support. A bullish parallel qualification will be in hand.

Idea: as long as MD = support, a decline is only a technical move

Bet: bullish no-crossover for our MACD.

R = UM (91.13);          S = MD (78.05)

 

Conclusion: above annual high is not ruled out (declining $?)

 

Crude oil: recovery in progress

Yearly trend: higher

 

On a yearly basis, the pattern in progress looks like a parallel pattern. The current status for our MACD is a bullish no-crossover. Our 7 / 23 years moving averages are always on a bull trend.

Idea: LY is flat below 75 and down above 80

Bet: 87.15 (2010 high) is a far away strong resistance

 

Long term: neutral

On a quarterly basis, the spread UQ / LQ is maximal. With our 7 / 23 quarters moving averages, a bullish pseudo no-crossover could develop this year. Our MACD and stochastic are without trend.

On a monthly basis, the spread UM / LM is shrinking but is far away from its minimal level. Our moving averages, stochastic and MACD are neutral.

Idea: UM is a strong resistance

Bet: MM will act as a support

R= 87.15, UM (90.99);    S= MM (72.23)

 

Medium term: recovery

On a weekly basis, UW and LW are up. Our 7 / 23 weekly moving averages, stochastic and MACD are oversold. As long as our MACD is not overbought, the recovery in progress will continue.

Idea: UM is a strong resistance

Bet: higher in October

R = UM (90.99);     S = MW (76.04)

 

Short term: bullish

On a daily basis, UD / LD spread is minimal. A bullish no-crossover is in progress with our 7 / 23 days moving averages. As long as our MACD is not overbought, the rise in progress will continue.

Idea: towards UM

Bet: no specific pattern could develop.

R = UM (90.99);          S = MD (76.22)

 

Conclusion: technical recovery in progress on a medium term basis.