In addition to the posts shown below, most Daily Update posts include a chart and forecast for crude oil futures.

Crude Oil and ETF USO Update

I was working on the ETF that tracks crude oil, (USO), and have decided to promote what I had as an alternate count in crude to the primary, that there is one more high needed to complete a five wave sequence up from the low from last year.

Crude Oil Monthly/Weekly Update

The primary hypothesis in Crude is that the 2017 low was a truncated low and that we are now seeing the first move up out of that low. The next move should be a corrective move lower that last at least until May if not continue into October.

Natural Gas via UNG

UNG, the ETF that tracks natural gas, has elected to take the alternate path from when I last posted these charts by pushing to a new low under that of the 2016 low. The dominant cycle has shifted a...

Natural Gas via (UNG) 2017-10-14

The outlook for UNG has not changed over the last few months. It has failed to rally much but then hasn't fallen either. Still favor a bounce that can test the highs from last year.

Natural Gas (via UNG) 2017-08-28

Updated weekly chart but very little change from the earlier post here which you should read as a reminder of the possibilities. The most noteworthy difference is that the cycle detection is focusing on a shorter cycle which has the ideal low at the end of September.

Natural gas set to bounce

We are watching natural gas prices very closely right now. The technical picture makes a strong case to expect a reversal and rally soon.

Natural Gas via (UNG) 2017-07-10

The dominant weekly cycle in UNG is bottoming out now and starts to turn up into early 2018 making it interesting to see if a higher low or test of the previous 2016 low takes place over then next...

United States Oil Fund (USO) 2017-07-04

Since I have started to think that the low in crude is in, I thought I would update the charts for likely the most popular ETF for crude, USO. The monthly chart has a fork placed in a similar way to...

Crude Oil futures 2017-07-03

I had been expecting a new low from the bounce high in crude from late last year to develop this year. I had been treating that high as a wave four in an ending diagonal which calls for two motive...

Energy

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