Marathon Oil: Acquisition Of Eagle Ford Assets Of Ensign Resources & Other Drivers

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's bearish flat/triangle is setting up to break lower and a harbinger of weaker growth in coming months amid a stronger USD.</li>
<li>Bearish oil also gels with our stronger dollar and weaker demand view. It will also bring energy shares back to earth.</li>
<li>New low targets at 69 and 65 then review for a tactical recovery attempt.</li>
</ul>


WTI's bearish flat/triangle is setting up to break lower and a harbinger of weaker growth in coming months amid a stronger USD.
Bearish oil also gels with our stronger dollar and weaker demand view. It will also bring energy shares back to earth.
New low targets at 69 and 65 then review for a tactical recovery attempt.


Crude Oil

WTI Bear Triangle a Growth Negative