Elliott Wave View on Light Crude Oil (CL) Favoring More Downside
Short Term Elliott Wave in Oil (CL) suggests the decline from 8.13.2024 high is unfolding […]
Crude Oil Prices Plunge: Can $68 Hold Withstand Pressure?
Key Highlights Crude oil prices gained bearish momentum and declined below $72.00. A major bearish […]
Stocks Could Suffer After the September Fed Rate Cut
US labour market data to determine the size of the first Fed rate cut History […]
WTI Oil Futures Test Critical Support
WTI oil futures seek buyers around strong support trendline near 69.00 Short-term bias remains bearish; […]
Bad News is Bad News
September began on an ugly note, to say the least. The US equities tumbled after […]
WTI Outlook: Oil Prices Remain Under Pressure on Demand Concerns, OPEC Production Increase
Oil price fell further in early Monday, in extension of Friday’s 3% drop (the biggest […]
Oil Prices Abruptly Tumbled Below $80 per Barrel (Brent)
Markets European inflation figures and US PCE, spending & income data basically played second fiddle […]
Brace for Impact, it is NFP-Week
In focus today Today will be quiet on the macro front, with US markets closed […]
Markets Weekly Outlook – NFP Jobs Data to Rule Out 50 bps Fed Rate Cut?
US PCE data keeps Fed rate cut hopes alive as inflation moves towards 2% target. […]
WTI Outlook: Fresh Fall of Oil Price Signals an End of Corrective Phase
Oil price declines for the second straight day after recent three-day strong recovery rally was […]
WTI Futures Fall to a 7-Month Low
WTI futures drop to their lowest level since January 17 Momentum indicators are heavily tilted to […]
WTI crude oil tumbles, to test key 70 support level
WTI crude oil dropped sharply overnight, losing more than -4% and falling to its lowest […]