OIL – All Time on ATA Research Radar
ATA Continuation of…
OIL – Short Term
20.04.2020 – OIL – MINSKY MOMENT…
21.04.2020 – OIL – the Day after Minsky Moment…
21.04.2020 – OIL – CME June in Bear Action – CME May Minsky Moment Deja Vu Real Risk…
21.04.2020 – OIL CME June – Americans back to Black Gold Speculation Game…
22.04.2020 – OIL CME June – Calm Time after & before Next Dealing Cards in Black Poker…
24.04.2020 – OIL CME June – Black Poker New Dealing Cards – Bull Contraction after Calm…
27.04.2020 – OIL CME June – Black Poker New Dealing Cards – Back on Bear Track…
28.04.2020 – OIL CME June – Short Show Must Go On…
29.04.2020 – OIL CME June – ”TEN GAME” in Smart Money Play…
30.04.2020 – OIL CME June – Bulls Navigate on Global Reopen Wave…
with
ATA Following …
OIL Long Term & Secular Perspective
2019 Last
15.12.2019 – OIL – No Black Gold Ecstasy after OPEC OPEC+ & Aramco Double Super Impact…
2020 Latest
25.04.2020 – OIL – Secular Perspective after Minsky Moment…
USO – US OIL ETF Long Term & Secular Horizon
26.04.2020 – USO – US OIL ETF – INTO BLACK ABYSS…
DXY
20.01.2019 – DXY – NO F/X CAPITULATION…
Present Master OIL Motives
Goldman Sachs Oil Tactic 180 degree Change of Mind
Now
Goldman Sachs – Bullish on Oil
Brent Rallying Back to 30 USD Q3/2020
vs
Last
Goldman Sachs – another Oil Price Crash
Combination of Factors :
weak demand, excess supply, shortage of storage
&
US & Global Economy Reopen
V-Shaped Recovery Scenario Mainstream Projections
Hopes of Potential Coronavirus Drug from Gilead Sciences
vs
FED Powell Warning
US W-shaped Recovery too optimistic
FED QE Risk Off Strike
Cut QE from 75 Bln USD per day March to 8 Bln USD Now
&
USO – US OIL ETF Problems
Emergency Action – Revamp Portfolio
ATA OIL Conclusion
for Now still Active
CME June
Perfect Bull Contraction from ” MAGIC TEN ” Zone
after earlier
Second Test 10 USD Zone
with
68.5% FIB RET Last Wave Down
&
June – July CME Contracts still Shrinking Contango
Crude Oil CME June – Now 19.69 USD
Crude Oil CME July – Now 22.33 USD
Giants OIL Smart Money ” TEN GAME ” still in Play…
against All Odds
Oil Warnings non stop creating by Mainstream
with still Active
Perfect RISK OFF Motives in Oil Strategic Game
Big OIL Era End – RISK OFF Scenario
&
Putin – Russia Bankruptcy Open Option
USRR Red Empire Fall Deja Vu
George Friedman Russia – Oil Warning
Russia World Biggest Loser from Oil Crash
Geopolitical Reason to Worry
with
USD Master F/X Vector for OIL
&
Global Coronavirus Pandemic – still High Risk
with
Global Slowdown or Recession Extreme High Risk
First…ATA from 30.04.2020
” After Activated
Inverted 2B Pattern in 10 USD Zone
Second Test 10 USD Zone 68.5% Fib Ret Last Wave Up
Now still dominating
New Bull Wave
Back above Key Level 17 USD
( Now – 17.13 USD ) ”
Second…Present OIL Short Term Situation
OIL SHORT TERM SITUATION
ATA MARKET MODEL IN SHORT TERM ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
OIL CME June
Intraday H4 View
After Activated
Inverted 2B Pattern in 10 USD Zone
Second Test 10 USD Zone 68.5% Fib Ret Last Wave Up
Now still dominating
New Bull Wave
Back above Key Level 19 USD
&
Testing Last OIL Floor-Psychological Key Level 20 USD Zone
( Now – 19.69 USD )
vs
Oil Danger Risks
New H4 Bear Shooting Star Candlesticks
Future 2B Bear Reversal Pattern Risk
but with still active
MACD H4 Buy Signal
OIL CME June Present Short Term Battlefield
10 – 15 – 18 vs 20 – 23 USD
with
Psychological Key Levels 10 -15-18 vs 20 USD
ATA Investment Conclusion
OIL CME June
still special focus on
New Active Zone 18 vs 20 USD
&
Major Psychological 20 USD Resistance Zone
with
Present Bear Shooting Star Candlesticks
Future 2B Bear Reversal Pattern Risk
and of course with
New OIL News
New Coronavirus News
Global Economy News
New OPEC+, Saudi Arabia, Russia & Central Banks Strikes
N – TIMES
F/X Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
First…Monday H4 & EOD
by the Black Gold way
always remember
Oil – Key Pathfinder for Wall Street & Global Stock Market…
OIL – Crude Oil CME June Contract Futures Intraday H4 Charts :
CME June Contract Futures – April – CME May Fut Minsky Moment Day
20.04.2020 – US Session
CME June Contract Futures – the Day after April CME May Fut Minsky Moment Day
21.04.2020 – First Half European Session
21.04.2020 – Start Phase US Session
22.04.2020 – Half Time European Session
24.04.2020 – Ending Asian Session
27.04.2020 – Start Phase European Session
28.04.2020 – Second Half Asian Session
29.04.2020 – Start Phase European Session
29.04.2020 – before Start European Session
1.05.2020 – EOD
ATA FINANCIAL RESEARCH 