Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 5, 2020. Crude Oil Testing Post-2016 Up Trendline …

Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 5, 2020. Crude Oil Testing Post-2016 Up Trendline …
Speculators have established their largest ever net long position in crude oil futures; are they about to get drilled? While all of the attention is…
The drop in oil prices has gotten most of the attention, but commodities across the board have been selling off. With prices down over 20%…
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Speculators in crude oil futures are back near their “obscene” record net-long position set just prior to the 2014 collapse in oil prices. When we…
This post originally appeared as the J.Lyons Fund Management, Inc. December 2016 Newsletter at jlfmi.com. As 2016 draws to a close, we again take a…
An index of oil service stocks broke above a trendline that has held it down for the past 2 years. Most areas of the stock…
News of OPEC production curbs occurred fortunately – but not surprisingly – as the Saudi stock market was testing key long-term support. The big news…
A key index of oil stocks continues to hold above its reclaimed 30-year old Up trendline; however, it’s been unable to mount any bounce off…
Exxon Mobil is testing the underside of its 30-year Up trendline, which it broke one year ago. Since we started our Chart Of The Day…