September 26, 2018

OIL bulls need to be very cautious

OIL prices have been steadily rising since early September from 67$ towards 72-73$ area. Price remains in a bullish trend and I believe we could see […]
September 4, 2018

Oil with a shooting star reversal pattern

Greetings everyone, in the Daily chart of Oil prices I have noticed that we might be forming a bearish reversal pattern called shooting star. If price […]
June 21, 2018

OIL has unfinished business

Oil price bounced towards 66.50$ yesterday and as I was saying on twitter, above 66$ Oil was testing major resistance levels for the short-term. Unfortunately for […]
June 4, 2018

Is oil preparing for a new rally?

Oil prices have lost more than 7$ the last few weeks and we warned on time with this post, that a pull back was very close […]
May 25, 2018

Why are you surprised by the Oil sell off?

I warned Trading2day.com readers about the technical bearish view I had on Oil while it was trading above 71.50$(here). The wedge pattern was very clear….the bearish […]
May 18, 2018

Bearish pattern for Oil

Oil prices are trading inside a rising wedge pattern. In the chart below we also observe the bearish warning signs by the RSI divergence in the  […]
March 22, 2018

Long SPX short Oil

For some time now Oil has been strongly positively correlated to SPX. I could even say that Oil could be leading SPX price. I have been […]
February 15, 2018

Has Oil bottomed?

After two weeks of declining prices from 66$ to 58$, Oil is bouncing back above 60$ and we take a look at the charts  to see […]
December 7, 2017

Oil at attractive levels

Read my analysis for Oil through insideFutures.com …..time to buy? Bears need to be very cautious
November 6, 2017

Here’s Why Crude Oil is Doomed

This week’s Chart​ ​of​ ​the​ ​Week​ is a follow up on the graph that we Tweeted (@KobeissiLetter) last week that was calling for a major reversal […]
November 2, 2017

Bearish signs for Oil pull back to 52$

Greetings all, from my recent post regarding OIL where I expressed my view that we could see an important top soon and a pull back, today […]
October 31, 2017

Short-term view for Oil prices

If you are interested in my analysis on Oil, click this link to read my current view on what I expect to see in oil prices […]
October 14, 2017

Oil bullish setup part 2

Greetings everyone….An interesting classical technical pattern has been seen in Oil futures and I would like to share it with you through my analysis I posted […]