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Crude Oil WTI

Weekly and Monday analysis for Nasdaq, Oil, and GoldNASDAQ NASDAQ closed lower, finding support at the 5-day moving average. Last Friday unfolded as expected, with a correction to the 5-day line being part of the wave pattern, making a sell-oriented approach the best strategy for the day. The downward wave emerged in the afternoon rather than during the pre-market, resulting in extended consolidation. On the weekly chart, it formed a bullish candle, reaching the upper range of the box zone; however, the MACD has yet to fully cross above the signal line. This week, the area between the 3-day and 5-day moving averages (20,800–20,600) could act as a short-term pullback buying zone. If this area fails to hold and prices close lower with a bearish candle, the market might revert to maintaining a wide-ranging box zone. Therefore, it's crucial to close the week with a bullish candle to confirm a buy signal. On the daily chart, the MACD and signal line are positioned above the zero line, indicating that buying pressure could persist. However, the Bollinger Bands are narrowing, suggesting that significant additional surges are unlikely. A short-term correction perspective is advisable. If prices fail to decisively break above the 3-day moving average near 21,950, a correction to the 10-day moving average should be considered. The 240-minute chart shows the emergence of a long bearish candle forming a double top. If Friday’s low at 21,844 is breached, there’s a strong likelihood of filling the gap created on January 22. The MACD and signal line still show a significant gap from the zero line, so there could be support and a rebound at the lower levels. In summary, while a short-term sell perspective is advisable, buying opportunities could emerge near the gap-filling zone around 21,700 during pullbacks. OIL Oil closed higher at $74, finding support and forming a bullish daily candle for the first time in six trading sessions. This bounce establishes a foothold at the key support level of $74. On the weekly chart, prices found support at the 5-day moving average. Although the MACD has crossed above the zero line, the signal line is still slightly below it. If a bullish candle forms this week, it will confirm a buy signal on the weekly chart, favoring buy-oriented strategies. On the daily chart, prices could rise again, finding support at the 20-day moving average. However, the sharp downward angle of the recent decline from $79 and the ongoing sell signal from the MACD indicate that any rally may face resistance and pullbacks. If prices rebound to the $77–$78 range, there is a high probability of a pullback. The $74–$79 range is likely to hold, with a period of consolidation allowing moving averages to converge. On the 240-minute chart, bullish divergence is forming near $74, and the MACD is on the verge of generating a buy signal. A buy-oriented strategy on pullbacks is advisable. GOLD Gold closed higher with an upper shadow on the daily candle. On the weekly chart, prices reached the upper Bollinger Band. The MACD, however, has yet to achieve a golden cross above the signal line, keeping the sell signal intact. A strong rally with a long bullish candle would be required to confirm a buy signal. If additional upward momentum fails and prices start to decline, the MACD may turn downward again. The current gap between the MACD and signal line suggests that an immediate buy signal might not be achievable. On the daily chart, buying pressure remains strong, and as long as the 10-day moving average holds, a one-way buying trend is likely. On the 240-minute chart, resistance is evident at higher levels, and divergence in the MACD could occur. It’s advisable to avoid chasing prices higher. Given the staircase-like upward movement, a buy-oriented approach on pullbacks is recommended. This Week’s Key Events: FOMC meeting (Wednesday) Tesla and Meta earnings reports (Wednesday) Apple earnings report (Thursday) Expect heightened volatility on Wednesday and Thursday. Good luck with your investments this week! ■Trading Strategies for Today NASDAQ - Range-bound Market -Buy: 21,850 / 21,785 / 21,720 / 21,630 / 21,530 -Sell: 21,970 / 22,010 / 22,055 / 22,105 OIL - Range-bound Market -Buy: 74.15 / 73.40 / 72.80 / 72.40 -Sell: 75.20 / 75.95 / 76.40 / 77.10 GOLD - Bullish Market -Buy: 2,774 / 2,768 / 2,762 / 2,752 -Sell: 2,782 / 2,793 / 2,799 / 2,816 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
The Market Matrix - Gold, Crude, Nasdaq & DXY for Jan 26 2025This weeks edition of The Market Matrix. Disclaimer The information provided in this content is for educational and informational purposes only and should not be construed as financial advice, investment recommendations, or an offer to buy or sell any securities or financial instruments. Trading financial markets involves significant risk, including the potential loss of capital. Past performance is not indicative of future results. You are solely responsible for your trading decisions and should conduct your own research or consult with a licensed financial advisor before making any financial decisions. The creator of this content assumes no liability for any losses or damages resulting from reliance on the information provided. By engaging with this content, you acknowledge and accept these risks.
CME_MINI:NQ1!
by Tradius_Trades
USOIL My Opinion! BUY! My dear friends, USOIL looks like it will make a good move, and here are the details: The market is trading on 74.53 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 76.87 Recommended Stop Loss - 73.41 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
1
USOIL BULL Triangle The oil chart is showcasing a large triangle pattern within a smaller triangle, and the breakout of the smaller triangle to the upside strongly suggests that the larger triangle will also be broken. This breakout signals the potential to target significantly higher levels. Additionally, the bottom has been tested approximately four times, with the last test clearing out all liquidity. Now, the chart appears to be gearing up for a major upward move after a prolonged accumulation phase. As for my perspective, I’m betting on oil’s rise rather than its decline, even though the current triangle formation is typically a bearish (descending) triangle. The second entry opportunity will present itself after the larger triangle is broken and confirmed through a retest. Note: I don't care about the count if it right or not don't comment on that please
BLACKBULL:WTILong
by hakimbo989
Weekly Market Forecast Jan 27 - 31stThis is an outlook for the week of Jan 27-31st. In this video, we will analyze the following FX markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper The indices are still moving higher, as investors are moving money from the USD to the equity markets, riding the Trump Pump. We'll see how long the euphoria will last, and how the market responds to a bevy of policy initiatives and executive orders by the US President. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:HG1!
by RT_Money
Light Crude Oil Futures (CL1!): Setting New LimitsWe’ve been patiently waiting for an entry at $58, but the market hasn’t reached our level. After reassessing the chart, we believe it’s now more profitable to play CL1! as a long following what appears to have been a fake breakout. Recent developments, including Trump’s declaration of a national energy emergency to “unlock the liquid gold under our feet” and prioritize U.S. oil and gas development, could bolster bullish sentiment in the energy sector. If our wave count is correct, we are currently in intra wave 2 of wave ((iii)). If this setup holds, a target of at least $115 seems achievable. We are placing our limit order and will patiently wait to get filled. Key Levels at the moment: Support Zone: $67.70–$64.40 Resistance Zone: $85–$88
NYMEX:CL1!Long
by freeguy_by_wmc
Buy OIL 71$ - 74$ zoneOil needs a temporary rest after the rapid pump it had. This rest is somewhere between $71 and $74. Since the oil trend is still bullish, it is not easy to enter the trade. It is reasonable to wait for the trend correction. The first definite target for oil according to the chart ahead is $82. However, in my opinion, the great oil cycle has begun to grow again and it has goals of close to $170 to $200 in the future. However, it is better to consider short-term goals. The final point, based on the analysis ahead, is that oil will definitely see a price of $100 again in the next few months.
TVC:USOIL
by hojijoon
Today analysis for Nasdaq, Oil, and GoldNASDAQ The NASDAQ closed higher, supported by the 3-day moving average on the daily chart. After a recent surge, it has reached the upper Bollinger Band, with both the MACD and signal line crossing above the zero line, confirming a buy signal. However, due to the sharp rally, there is potential for a pullback today. If the price retraces to the 5-day moving average, it could consolidate within a range, allowing moving averages to converge. Should the NASDAQ fall further, the key question is whether it will fill the gap near 21700. If the gap remains unfilled and the price breaks higher, the daily buy signal would stay intact, potentially accelerating bullish momentum. On the 240-minute chart, the sell signal remains active despite a rebound. Selling at higher levels is preferable, while watching if the MACD avoids falling below the zero line and instead forms a golden cross with the signal line. Focus on dip-buying and selling at resistance, keeping the potential for a pullback to the 5-day moving average in mind. CRUDE OIL Crude oil closed lower, falling below the $75 level. It ended near the midpoint of the large bullish candle from January 10 ($74.66) after further downside pressure. This week’s decline reflects President Trump’s push to lower oil prices. Currently, crude is near the 20-day moving average and within the $74–$75 support zone, which aligns with the weekly 5-day moving average. This area is suitable for swing trading and dip-buying strategies. On the daily chart, the MACD has crossed below the signal line, creating a short-term sell signal. However, the significant divergence from the zero line suggests that crude may consolidate with bullish candles before attempting another upward move. On the 240-minute chart, the MACD has not yet formed a golden cross with the signal line, but selling pressure has weakened significantly. If a golden cross occurs, a strong rebound could follow. Avoid chasing shorts and focus on buying dips at key levels. GOLD Gold rebounded from key support levels, closing flat with a lower wick on the daily candle. The daily chart shows that bullish momentum remains strong, making dip-buying at major support levels the preferred strategy. Gold touched the upper Bollinger Band on the weekly chart before pulling back, indicating that a clear trend may not emerge until next week. On the 240-minute chart, a sell signal formed at the recent high, with the MACD divergence leading to a sharp decline. While the price is recovering, the sell signal remains active, increasing the likelihood of another pullback. Gold appears to be consolidating within a range, building energy for the next leg higher. Today, focus on box-range trading with selling at resistance and buying at support. Be mindful of major economic data releases before the main session, and manage risks carefully. Best of luck with your trades, and have a successful end to the week! ■Trading Strategies for Today NASDAQ - Bullish Market -Buy: 21980 / 21910 / 21870 / 21790 / 21720 -Sell: 22040 / 22075 / 22110 Crude Oil - Range-bound Market -Buy: 74.10 / 73.40 / 73.00 / 72.40 -Sell: 75.10 / 75.70 / 76.20 / 76.75 / 77.10 Gold - Bullish Market -Buy: 2750 / 2743 / 2737 / 2731 -Sell: 2770 / 2774 / 2779 / 2785 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!Short
by Futureguard
6
Bullish bounce off pullback support?USO/USD is falling towards the support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 75.03 Why we like it: There is a pullback support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement. Stop loss: 73.03 Why we like it: There is an overlap support level that is slightly below the 61.8% Fibonacci retracement. Take profit: 77.44 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
Prime Buying Opportunity for Crude Oil Nearing Crude oil is currently consolidating around the $75 level. A glance at the daily MACD reveals a close but no crossover of the MACD and signal lines. A bearish close today could signal a downturn, but a bullish close would likely see the MACD resume its upward trend. Since its correction from $79, the price has been holding above the midpoint of the January 10th bullish candle at $74.66. This level, also coinciding with the 5-day moving average on the weekly chart, is a crucial support zone. Given the significant volume accumulated in the first week of January, this presents a compelling opportunity for aggressive swing trading. Today's oil inventory report is expected to act as a catalyst for a bullish reversal. While the market is bearish on oil supply expansion due to Trump's election, technical analysis suggests further upside potential. We recommend adopting a buy-on-dip strategy. For daily insights into Nasdaq, oil, and gold, please follow and subscribe to my analysis.
TVC:USOILLong
by Futureguard
WTI OIL Channel Up emerging, aiming at $90.WTI Oil (USOIL) recently broke above its 15-month Lower Highs trend-line that has been keeping it under a bearish trend and is now naturally pulling back. This technical pull-back is so far within the tolerance levels of a bullish trend. The pattern that making use of this trend is a Channel Up, newly emerged and now about to test the 1D MA200 (orange trend-line) as a Support for the first time since August 14 2024. As long as it holds, we expect the new Bullish Leg to start and as with the Jan - Apr 2024 Channel Up, rise towards the 1.786 Fibonacci extension. Our Target is quite below it at $90.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:USOILLong
by TradingShot
2
USOIL Will Move Higher! Long! Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 75.561. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 82.488 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
FX:USOILLong
by SignalProvider
1
Today analysis for Nasdaq, Oil, and GoldNASDAQ The NASDAQ closed higher on news of President Trump’s plans to expand AI investments. It surged strongly to the upper Bollinger Band on the daily chart, lifting the MACD above the zero line. However, a gap formed due to Netflix's earnings report, and there is a possibility that this gap could be filled during future corrections. While the signal line remains below the zero line on the daily chart, indicating the potential for a pullback, strong buying momentum on the 240-minute chart suggests the NASDAQ could rise further to the 22200–22300 zone. A sell-off might emerge only if the MACD on the 240-minute chart dead crosses the signal line, signaling a shift to a bearish trend. There is also upside potential to 22250, the upper boundary of the weekly chart, so it's wise to keep this level in mind. For now, focus on buying dips, but keep an eye on the transition from an uptrend (positive alignment) to a downtrend (negative alignment) on the short-term charts. If the 240-minute MACD dead crosses, it could signal a correction, so monitor the price movements closely. CRUDE OIL Crude oil closed lower, consolidating in a box range near the $75 level. The large bullish candle from January 10 serves as a key reference point, with the midpoint of that candle acting as a support level. For a rebound on the daily chart, a bullish candle needs to form. Currently, the MACD is closely aligned with the signal line. If the MACD avoids a dead cross and turns upward, there’s a high chance of a third bullish wave. Keep an eye on the upcoming crude oil inventory data to see if it triggers a trend reversal. On the 240-minute chart, the MACD is attempting to cross above the signal line in the oversold zone, showing a potential for a rebound. With prolonged consolidation around $75, a strong upward move could follow any breakout. Avoid chasing shorts, and if the price drops to $74, it could provide a great buying opportunity. GOLD Gold closed higher, breaking above the 2760 resistance level. This breakout opens the possibility of further gains to the upper Bollinger Band on the weekly chart, around 2780. However, the divergence between the MACD and the signal line on the weekly chart makes a further golden cross less likely, meaning a correction could occur in the next week or two. On the daily chart, the bullish trend remains strong, making it advisable to avoid short positions. The 240-minute chart shows a third bullish wave following a golden cross of the MACD, supporting further gains. Ideally, continued strength above 2780 would prevent a divergence from forming on the MACD, which could lead to a sharp decline if unaddressed. For now, use 2760 as support and focus on range-bound trading while monitoring for a potential breakout above key levels. Always be prepared for volatility and manage risk carefully. Positive market momentum is being driven by new government policies and plans, including tariffs, the Stargate Project, and expanded AI infrastructure investments. These developments could act as catalysts for further gains. Stay updated on these issues, and as always, manage your risks carefully. Best of luck with your trading today! ■Trading Strategies for Today NASDAQ - Range-bound Market -Buy: 21920 / 21870 / 21790 / 21720 -Sell: 22035 / 22075 / 22135 / 22230 Crude Oil - Range-bound Market -Buy: 75.10 / 74.70 / 74.30 / 73.60 -Sell: 75.70 / 76.20 / 76.75 / 77.10 Gold - Bullish Market -Buy: 2759 / 2754 / 2748 / 2738 -Sell: 2771 / 2778 / 2783 / 2794 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard