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Oil - Bulls Will Be Totally AnnihilatedIn early September, we made what turned out to be a pretty accurate call on crude, predicting that $95~ was the target. CL WTI Crude Oil - Getting In Sync With The Market Makers In July, after analysis, I predicted that the target for crude in the intermediate term is actually a 3-or-4 handle, based on reading the tea leaves of yearly bars. Oil - A New Long Leg Down Soon Begins There's all sorts of fundamental reasons, one will say, that mean there's NO WAY oil should go down, so much! It should go up, because reasons! And I think that is true. I think we're going to see $150 or $200 crude in a future that isn't very far away. But before that happens, since oil has failed to continue upward momentum, the entire previous range from the Russia-Ukraine War has been traded, and the year has mostly been flat-red, it seems to me pretty obvious that the MMs are going to be MMs and go dumpster some long-term longs. Which means we have a target of $56 before the end of 2024, based on monthly candles: It's only that I think $56 won't be "the bottom," they'll drive it lowerer for longerer and make energy bulls and equities bears hate their life, before the real fun starts, because that's how big accumulation happens. Super high prices is almost always preceded by super deep selling. Producers get net short. Before they get net short, it takes some time to get net long, and even though you may not see that in Commitment of Traders, the big oil companies have entire floors of their headquarter buildings devoted to trading, a lot like a bank. The Black Swan of Black Swans, though, that can spoil everyone's fun plans, is the Chinese Communist Party and Xi Jinping's tenuous grip on power and reality. I've said in virtually every post that the CCP is going to fall in our lifetimes. It can fall in one of two ways: 1. Xi Jinping goes Gorbachev and throws the evil Party away, saving China and himself 2. Xi Jinping is strung up as the head of the evil Party, goes down to Hell with the CCP, and something else replaces it What's at stake for Xi is not only the CCP's boundless crimes against humanity and the ruination of China's 5,000 year Heavenly Dynasties, but the eternal sin of the 24-year organ harvesting and genocide against Falun Dafa's 100 million students. Although that persecution was started in 1999 by former Chairman Jiang Zemin, who died, because Xi is the leader of the CCP, he'll inherit the crime and face the same Sepulcher, unless he can throw the regime away like the man he ought to be. When the CCP finally falls, whether it's because Wuhan Pneumonia dropped more than former Premier Li Keqiang, or because Xi dumpsters the Jiang Faction and the International Q Cult that's made itself a particle of the Red Dragon, everything is going to be bigly gap down on a Monday morning. Stuff like the price of oil may seriously moon, however, because the world society's electricity, heat, and transportation relies entirely on fossil fuels. And so all dumps on commodities may sharply truncate and reverse seemingly without cause, all equities rallies may sharply truncate and reverse seemingly without cause, and so the risk is enormous. Trading in these markets in the next 6 months is going to be like playing with fire or gambling your fingers near a really sharp knife. Never forget this point: a knife just cuts. A knife doesn't care who or what it cuts. It just cuts. If you don't want to lose your fingers and your hands, don't put your fingers and your hands under a knife. Once they're gone, there are no miracles to bring them back. The way it's looked at up high is that, in reality, you made the choice to put your hands under the knife, and so when it cuts what should be cut, it cut what should be cut, and that's your own problem caused by your own pursuits. Be careful.
NYMEX:CL1!Short
by LordWrymouth
1
Natural Gas Price Forecast DXY OIL GOLD SILVERWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock forming equilibrium pattern #naturalgas #xauusd #dxy #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil 00:00 Natural Gas stock Bulls PEPPERSTONE:NATGAS Support & Resistance Guide 05:44 AMEX:UNG Stock Forecast 06:50 AMEX:USO Oil Stock Forecast 09:41 Gold OANDA:XAUUSD Stock Forecast 11:17 US dollar DXY Stock Forecast 13:47 Silver OANDA:XAGUSD
NYMEX:NG1!Long
by ArcadiaTrading
Natural Gas Price Forecast & 7 Mega Cap Tech Stocks Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:39 AMEX:UNG Stock Forecast 05:16 USO Oil Stock Forecast 06:27 Gold XAUUSD Stock Forecast 07:21 Silver XAGUSD forecast 06:37 US dollar DXY Stock Forecast 10:37 QQQ Stock Price Forecast 13:36 Sp500 ETF Price Forecast 15:00 Tesla Stock TSLA Forecast Technical Analysis 17:14 Nvidia Stock NVDA Forecast Technical Analysis 18:10 Apple Stock AAPL Forecast Technical Analysis 19:00 Amazon Stock AMZN Forecast Technical Analysis 19:59 Google Stock GOOGL Forecast Technical Analysis 21:43 Microsoft Stock MSFT Forecast Technical Analysis 24:09 Meta Forecast Technical Analysis
NYMEX:NG1!Long
by ArcadiaTrading
Natural Gas Price Forecast & 7 Mega Cap Tech Stocks Forecast00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 02:34 AMEX:UNG Stock Forecast 04:04 USO Oil Stock Forecast 05:34 Gold XAUUSD Stock Forecast 06:37 US dollar DXY Stock Forecast 07:47 Silver XAGUSD forecast 09:22 QQQ Stock Price Forecast 11:28 Sp500 ETF Price Forecast 13:25 Tesla Stock TSLA Forecast Technical Analysis 14:50 Nvidia Stock NVDA Forecast Technical Analysis 17:14 Apple Stock AAPL Forecast Technical Analysis 18:00 Amazon Stock AMZN Forecast Technical Analysis 18:57 Google Stock GOOGL Forecast Technical Analysis 19:46 Microsoft Stock MSFT Forecast Technical Analysis 21:29 Meta Forecast Technical Analysis
NYMEX:NG1!Long
by ArcadiaTrading
natural gas gold silver oil price forecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock in a daily uptrend - natural gas ideally bounce at 3.18 #naturalgas #xauusd #dxy #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:23 AMEX:UNG Stock Forecast 05:35 USO Oil Stock Forecast 07:47 Gold XAUUSD Stock Forecast 09:40 US dollar DXY Stock Forecast 12:01 Silver XAGUSD
NYMEX:NG1!Long
by ArcadiaTrading
The Day Ahead: TQQQ, GDXJ, USO, GDX, FXI Premium SellingIt's Friday ... the 13th. Here's what's shakin' in exchange-traded fund premium selling ... . Top 5 Options Liquid ETF's Ranked by 30-Day IV: TQQQ 22.9 IVR/60.4 IV GDXJ 23.6/38.9 USO 46.4/38.8 GDX 26.0/33.6 FXI 14.8/31.4 Ideally, you want to have IVR at >50 and IV at >35% in ETF premium-selling land, but you can't have everything in this market ... . Broad Market Shortest Duration <16 Delta Strike Paying 1% of the Strike Price In Credit: IWM, the January 19th 151, paying 1.58 at the mid (14 delta) QQQ, the January 19th 325, paying 3.44 at the mid (15 delta) SPY, the February 16th 385, paying 3.93 at the mid (15 delta) Me, Personally Currently, I still have quite a bit of broad market on in fourth quarter expiries, with the majority being in the December monthly and the end-of-quarter December 29th. (I have one IWM straggler on in the November monthly). I've begun to deploy out a smidge into the 2024 first quarter), but may just sit on my hands this week depending on whether I can get in at strikes better than what I currently have on. Because of that, I may dabble small with TQQQ as an engagement trade (and to see what all the fuss is about). Pictured here is a 16 delta short put at the 30 strike in the December 15th monthly paying 1.01 at the mid which I'll do as a starter position and then work it from there as I wait on my other positions. I also already have a GDXJ covered call on (See Post Below), but may add a short put to give me a little extra sumthin' sumthin' on that play.
NASDAQ:TQQQ
by NaughtyPines
Crude Oil (CL) Gap Fill LongWhile it's unclear whether crude, which has experienced large moves recently on account of the developing conflict between Israel-Hamas, wants to trade higher or lower over the longer-term, we’re looking to take near-term longs after filling the downside futures gap formed 10/6. We’re only showing down to a 30-minute chart here, but there are some smaller supply/sell zones @ ~84.25-84.75, which could be used for initial profit targets. If the trade works for a bounce, you can also consider applying mechanical targets @ 1:1, 2:1, 3:1, etc. Regarding an exact entry price and stop loss placement, the gap fill demand zone is a bit messy. The closing price of the gap itself, technically, is 82.81, so ideally we’d see CL trade to that #. However, markets aren’t always THAT precise, so it could put in a low at a slightly higher price. Furthermore, stop placement really depends on the timeframe used. The “distal” (lower bound) line of the daily demand/buy zone is 81.50, so if you can afford the risk, a physical stop could be placed below (never align your stops exactly w/ a zone’s range + don’t use whole numbers/quarters). More conservative placement could be slightly below 81.71 or 82.31, but there’s a higher chance you’ll be stopped out; depending on account/position size and risk tolerance, you can always deploy a “small loss, reenter” strategy. If you’re nimble enough, consider using a micro timeframe (single-digit minute, tick, or volume-based chart) to ID a trend reversal signal (higher high, higher low) before entering. If CL violates recently formed daily demand (82.81-81.50), be aware that there are “bear trap” areas waiting just beneath. Entries within the corrective segment of the uptrend that began in late-June are valid until prices breech the 77.59 pivot. As always, feel free to provide feedback and/or ask questions. Good luck, be smart, and enjoy the journey! Jon @ LionHart Trading
NYMEX:CL1!Long
by LionHart_Trading
Natural Gas Price Forecast DXY Oil Gold SilverNatural Gas Price Forecast DXY Oil Gold Silver Welcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock in a daily neutral trend - Strongest resistance for natural gas resistance is 3.03 to 3.17 range #naturalgas #xauusd #dxy #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #uso #crudeoil 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 03:54 AMEX:UNG Stock Forecast 06:06 USO Oil Stock Forecast 08:39 Gold XAUUSD Stock Forecast 12:09 US dollar DXY Stock Forecast
NYMEX:NG1!Long
by ArcadiaTrading
Natural Gas Price Forecast DXY Oil Gold SilverWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock in a daily neutral trend - Strongest resistance for natural gas resistance is 3.03 to 3.17 range
NYMEX:NG1!Long
by ArcadiaTrading
Oil Gold Silver DXY Natural Gas Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock in confirmed daily uptrend - Strongest resistance for natural gas resistance is 2.86 #naturalgas #xauusd #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #dxy 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:11 AMEX:UNG Stock Forecast 06:55 USO Oil Stock Forecast 10:38 Gold XAUUSD Stock Forecast 12:25 US dollar DXY Stock Forecast 14:39 Silver XAGUSD Stock Forecast
NYMEX:NG1!Long
by ArcadiaTrading
$USO Double Top Since August 23, AMEX:USO has been on a consistent upward trajectory, forming a Double Top pattern. Given this technical signal, it may be advisable to either sell call options or lock in some gains. In technical analysis within stock trading, a Double Top is a bearish reversal pattern that signifies a potential change in the trend from an uptick to a downtick. The pattern is characterized by the formation of two consecutive peaks that are roughly equal in price, separated by a trough. The pattern is confirmed when the price falls below a support level, typically represented by the lowest point of the trough between the two peaks. In a Double Top pattern, the first top is usually created with strong buying pressure that pushes the asset to a new high, but eventually, the buying momentum fades, leading to a moderate decline, forming the trough. The asset then rises again, driven by optimism, but fails to surpass the first peak, forming the second top. At this point, the inability to break the previous high is a sign of waning bullish momentum, suggesting that a reversal may be imminent. Traders often look for a decisive break below the support level as a confirmation to enter short positions, with the expectation that the asset will continue to decline.
AMEX:USO
by AlgoTradeAlert