Last week we noted the three sell indications on the daily crude oil chart in a span of two days on Tuesday and Wednesday. Today the proverbial ‘other shoe’ dropped as oil fell 3.30 from Friday’s close.
Entries from August 2009
Oil Leading Stocks
August 31st, 2009 · No Comments
Tags: Crude Oil · General Market Commentary · S&P 500
Levels
August 28th, 2009 · No Comments
There are active net-line sell levels right now on both the 60 and 135 minute eMini charts.
Tags: General Market Commentary · S&P 500
The Tides Have It
August 28th, 2009 · 3 Comments
I want to build on last night’s post and show the similiarities that exist between the current solunar and tidal sum patterns and those that existed at the January 2009 top.
Tags: General Market Commentary · S&P 500 · Solunar Model · Tides
On The Verge
August 27th, 2009 · 3 Comments
On the micro level, we may be on the verge of stocks rolling over the next few days. Yesterday we described the bearish conditions that were present short-term, but noted the lack of definitive net-line signals to join in that analysis. The results was early selling that was unable to follow through, and once again [...]
Tags: S&P 500 · Solunar Model
More Tidal Data
August 26th, 2009 · 2 Comments
Here’s some more tidal sum charts going back to 2004.
Tags: Tides
Stocks & Oil
August 26th, 2009 · No Comments
Here are the daily charts for the S&P 500 eMini future and crude oil futures.
A Volume Message
August 26th, 2009 · No Comments
The 1021 support level held long enough to forestall a potential sell signal in the eMini.
Tags: General Market Commentary · S&P 500
Crude Oil: Noise or Signal?
August 25th, 2009 · No Comments
Crude oil issued some portents today – but are they important?
Tags: Crude Oil