|
Poten Energy Markets Alert - Vol. 103503 September 08, 2010 |
Hourly October Crude Oil - The intermediate chart of the CLV0 appears to be trending with a negative slope and is testing key resistance.
October/November Crude Oil- The daily chart of the V/X CL has broken down below the lower tail of the distribution.
|
| |
Poten Energy Markets Alert - Vol. 103502 September 07, 2010 |
Hourly October Crude Oil - The intermediate chart of the CLV0 has broken down below the lower tail of the distribution.
October Crude Oil - The daily chart of the CLV0 has tested initial resistance and appears to be heading toward the lower tail of the distribution. |
| |
Poten Energy Markets Alert - Vol. 103405 September 03, 2010 |
October Crude Oil The daily chart of the CLV0 has tested initial resistance.October November Crude Oil The daily chart of the V X CL is bouncing toward a test of the lower tail of the distribution. |
| |
Poten Energy Markets Alert - Vol. 103404 September 02, 2010 |
Hourly October Crude Oil - The intermediate chart of the CLV0 appears to be consolidating around the approximate value of 73.80. Although the upper tail gives us an distribution bound of approximately 75.00, one will note that the 76.00 area was from where the signal failed, and therefore may be thought of as key resistance.
October Crude Oil - The daily chart of the CLV0 has bounced off of the lower tail of the distribution. The reader will note that we have put in several lows going back to September of 2009 at approximately the same value. The key resistance, defined by the colored moving averages, comes in at approximately 76.00.
|
| |
Poten Energy Markets Alert - Vol. 103403 September 01, 2010 |
Hourly October Crude Oil - The intermediate chart of the CLV0 came close to testing the lows of the 25th and now appears to be testing resistance.
October Crude Oil - The daily chart of the CLV0 has retested the lower tail of the distribution.
|
| |
Poten Energy Markets Alert - Vol. 103402 August 31, 2010 |
| Hourly October Crude Oil - The intermediate chart of the CLV0 has mean reverted and appears to be trending with a negative slope. |
| |
Poten Energy Markets Alert - Vol. 103401 August 30, 2010 |
|
| |
Poten Energy Markets Alert - Vol. 103305 August 27, 2010 |
| "Crude oil rose, reversing earlier losses, as U.S. stock‐ index futures advanced before a speech from Federal Reserve Chairman Ben S. Bernanke that may set out new measures to stimulate the economy" Bloomberg stated. |
| |
Poten Energy Markets Alert - Vol. 103304 August 26, 2010 |
| Refining Margins' 51% Decline May Worsen as China Slows - The combination of slowing Chinese economic growth and expanding refineries means this year’s 51 percent decline in profit margins from turning crude into gasoline, diesel and kerosene is poised to worsen. |
| |
Poten Energy Markets Alert - Vol. 103303 August 25, 2010 |
| API reports crude inventories (1.85M) vs. Reuters +200K ; distillate inventories +1.89M vs. Reuters +1.1M; gasoline inventories +692K vs. Reuters (400K) |