by Chris Kimble | Oct 2, 2017 | Kimble Charting
Crude Oil has been moving sharply higher the past few weeks. Last week we shared with Sectors Extreme & Premium members that Crude Oil had created an important pattern to finish the week while hitting an important price point. Below looks at the chart shared with...
by Chris Kimble | Sep 6, 2017 | Kimble Charting
Oil Drillers have had little to smile about over the past years. Could this trend be about to end? A pattern is in play that highlights a counter trend rally could be near. Below looks at the Oil Drillers (XOP)/ S&P 500 Ratio over the past couple of years- CLICK...
by Chris Kimble | Aug 1, 2017 | Kimble Charting
Crude Oil is worth about a third (down 65%) of what it was worth back in 2008. It’s lost about half of it value from just three years ago (2014 highs). The declines in Crude over the past 9-years has created a series of lower highs, reflecting it still remains...
by Chris Kimble | Apr 27, 2017 | Kimble Charting
Below compares the price of Crude Oil and the NYSE Index over the past decade. Even though both of these assets don’t always correlate, sometimes they do, for good periods of time. Over the past couple of years, they have correlated and several lows and highs...
by Chris Kimble | Dec 12, 2016 | Kimble Charting
Over the past couple of years, the Energy sector has declined a good deal more than it has rallied. Of late, some assets in the Energy sector, has been moving upward and have been jumping over key resistance levels! Crude Oil now following energy stocks, hopping over...
