Commodities Crude

Time to change our view against Crude

Crude as an asset class worldwide has been seen as a prime suspect for the last years sell off in Equity markets but now its time to rethink on our view. There has been crucial cold war in Crude production between US, OPEC and Russia since start of 2015 which has resulted in glut in crude market but recent news are …

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Commodities Crude

Sell WTI Crude: tgt $35.40

Crude has been the most outperforming asset class this 2016 in terms of Rally but now somewhere it is nearing a small profit booking mode. As i initiated long call a way back at $32 with targets of $40 but now i would take a sell on the crude. Even Iran has intimated that they …

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Commodities Crude

WTI Crude target hit: $38

My final target $38 has been triggered for long recommendation on WTI Crude which was given on post “Crude could rally a bit from here” on 18th Feb! We saw tremendous rally on the crude last night around the globe which was one of the biggest intra-day rally of 2016. Technically now crude has surely bottomed out for the longer …

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Commodities Crude

Crude bottoming out

Finally we have seen some spark in WTI Crude and it has crossed my first possible target $33 which i posted on “Crude could rally a bit from here” on 18th Feb. Interestingly, breakout has given another bullish pattern “Double Bottom” and it the target comes down to $40 which is just above my second target of $38 which is 100 day …

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Commodities Crude

Crude could rally a bit from here

Crude Oil has seen a great fall from its high last year and global crisis could be attached to this fall. A fight between oil producing countries had led to excess supply and over it now we will have Iran flowing its crude in the world by mid this year. Surely this is the best …

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