Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 5, 2020. Crude Oil Testing Post-2016 Up Trendline …
Tagged $USO
Oil Speculators Back Up The Truck
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…
It’s Not Just Oil Prices Deflating
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%…
Can Oil Stocks Hold Their “Line In The Sand”? (PREMIUM-UNLOCKED)
This is a FREE look at a Premium Post from The Lyons Share, our new service providing an “all-access” pass to our charts and research.…
Are Oil Speculators About To Get Lit Up Again?
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…
2016 Charts Of The Year
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…
Oil Service Stocks Climb Over Key Resistance
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…
Saudi Stocks Due For More Good News?
News of OPEC production curbs occurred fortunately – but not surprisingly – as the Saudi stock market was testing key long-term support. The big news…
Oil Stocks Still Treading 30-Year ‘Line In The Sand’
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 Stock Testing Epic Broken Trendline
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…