World Oil Supply And Price Outlook, January 2021

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17 hours ago
Trading up +0.2110 (+0.58%) at 54.4110. Countertrend Up (+85) - FLIR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
17 hours ago
Trading down -0.0700 (-3.89%) at 1.7900. Bear Market Rally (-75) - NEPT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NEPT as it may be in the beginning of a reversal.
16 minutes ago
Trading up +0.015 (+0.03%) at 51.935. Countertrend Up (+85) - IVDUCUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
15 minutes ago
Trading down -0.160 (-0.57%) at 30.901. Weak Downtrend (-65) - FLSW is showing signs of a strengthening downtrend. Monitor FLSW as it may be building momentum to the downside.
19 minutes ago
Trading up +0.0200 (+1.61%) at 1.6205. Strong Uptrend (+100) - RB.U21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RB.U21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
1 hour, 37 minutes ago
Trading down -0.0012 (-0.11%) at 1.1275. Weak Downtrend (-65) - 6S.M21 is showing signs of a strengthening downtrend. Monitor 6S.M21 as it may be building momentum to the downside.
3 minutes ago
Trading up +0.103553 (+0.43%) at 23.960550. Strong Uptrend (+100) - PENARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PENARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
2 minutes ago
Trading down -0.0006 (-0.04%) at 1.4920. Crossroads (-60) - CADLFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
15 hours ago
Trading up +0.01 (+0.08%) at 12.56. Strong Uptrend (+100) - FOHFX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FOHFX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
5 days ago
Trading up +0.01 (+0.12%) at 8.61. Bear Market Rally (-75) - GONIX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GONIX as it may be in the beginning of a reversal.