OPEC’s Crude Oil price manipulation
The message is clear in OPEC's Crude Oil price manipulation You can click the image to read the article at CNBC. cnbc.com There is a reason that Energy is a…
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April 3, 2023
Don’t look now oil bulls, but…
"a huge bull wedge is in play" for crude oil While I am not necessarily bearish on oil anymore, at least on a risk/reward basis, I find it equal parts…
January 10, 2023
If the XOP/XLE ratio means anything…
The Oil & Gas Exploration ETF (XOP) is leading the Energy ETF (XLE) to the downside Oil & Gas exploration is leading the broad Energy sector to the downside. While…
December 29, 2022
Natural Gas Futures… U.G.L.Y.
Natural Gas Futures are down nearly 8% this morning NFTRH 734 had this to say about Natural Gas, along with a chart that showed critical support that is giving way…
December 5, 2022
Energy sector ETF (XLE) Diamond consolidation unresolved
The Energy sector ETF is still in consolidation And I am still short the "last inflated man standing". That could be for as long as it takes XLE to bust…
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December 2, 2022
Updating the “last inflated man standing”
The Energy sector ETF (XLE) continues a would-be topping situation Why yes, I got clowned a little last week as I was compelled by my personal psych profile and risk…
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November 28, 2022
“Last inflated man standing” feels a bit of heat [w/ edit]
[edit] And so a perfectly good topping situation is wrecked. Or is it? Today's chart would show the potential for a reverse Symmetrical Triangle topping/reversal pattern. But it would also…
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November 21, 2022
Q: Where does the risk lie?
Where is the risk, in gold or crude oil? The gold price has been deflated by the oil price to an extreme degree since 2020. The trend in the Gold/Oil…
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November 17, 2022
Energy sector is vulnerable
The Energy sector is vulnerable from technical and macro fundamental perspectives Technically, the Energy sector (XLE) is overbought by its distance from the daily SMA 50. RSI and MACD are…
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November 16, 2022
Gold miners watch the “last inflated man standing” start to fail
As we step toward a counter-cyclical macro, the fundamentals will finally improve for gold mining From a June 19th interview I did with with Jordan Roy Byrne with respect to…
September 23, 2022
‘Last inflated man standing’ needs a crutch
The Energy sector cracks hard Technically, it is still a major uptrend (by the rising SMA 200). Functionally, it looks like hell. Oil, Gas and the Energy complex were the…
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September 23, 2022
Why I left NatGas alone
Natural Gas futures down nearly 18% in one day The heading above tells why. I am just not wired for this kind of volatility. This could well be a buy…
June 14, 2022
A little gaseous humor compliments of NFTRH 708
From NFTRH 708's Commodities segment... Gas on the other hand, while bullish, has a chart that is more suspect. There is a negative RSI divergence and a bad looking MACD.…
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June 6, 2022
Crude Oil breaking consolidation
WTI Crude Oil fans along on its bullish way Back in April we (well, NFTRH) identified WTI in a bullish looking consolidation spiking above and below the SMA 50. I…
May 26, 2022