Bulls & Bears: Near-Term and Short-Term View on Oil Prices

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<ul>
<li>WTI support breach insight on June 19 outlined the break of support and bias to pressure 105 pivot support. Oil and Agriculture weakness will deflate inflation expectations.</li>
<li>Metals leading commodities lower with bounce support approaching with agriculture just cracking key supports. Weakness would ease inflation expectations and help spur a July/August choppy recovery.</li>
<li>Cycle: Late June low re test ahead of early July bounce only to wobble into the Fed. Post Fed more bullish in August ahead of the bearish September/October period.</li>
</ul>


WTI support breach insight on June 19 outlined the break of support and bias to pressure 105 pivot support. Oil and Agriculture weakness will deflate inflation expectations.
Metals leading commodities lower with bounce support approaching with agriculture just cracking key supports. Weakness would ease inflation expectations and help spur a July/August choppy recovery.
Cycle: Late June low re test ahead of early July bounce only to wobble into the Fed. Post Fed more bullish in August ahead of the bearish September/October period.


Oil and Agri Rolling over Will Impact Yield and Deflate Inflation Expectations

Crude Oil

Oil and Agri Rolling over Will Impact Yield and Deflate Inflation Expectations