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WTI Crude Oil and Natural Gas Forecast August 4, 2017

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The WTI Crude Oil market initially tried to rally during the day on Thursday, but as we approached the psychologically important $50 level, the market broke down significantly. Now that we are reaching below the $49 level, it is obvious to me that the market is looking a bit heavy, and with the jobs number coming out today, that could be reason enough to push us in one direction or the other. I suspect that a move below the $48 level should send this market packing and going much lower. Alternately, if we can break above the $50.50 level, the market should continue to go much higher. The market has been very volatile, but if this market rose over here, we have made yet another “lower high.”for more analysis: http://www.dailyforex.com

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oil natural gas energies futures commodities WTI rude savage cheap raw clumsy coarse lewd crass gross rough foul dirty earthy filthy loud oafish smutty tacky grody polite kind moral planned stilted refined clean decent pure nice smooth gentle formal harsh simple rustic green thick callow impure soft blunt brusque crude crusty curt direct discourteous gruff impetuous impolite matter-of-fact short snappy snippy uncivil ungracious guileless inexperienced infant jejune jellybean juvenile kid low tech naive not dry behind ears puerile sophomore tenderfoot unbaked unfledged unripe unsophisticated untrained untried young base cantankerous cloddish clodhopping crabbed cussed dour grouchy grumpy ill-tempered loutish lowbred mean miserly morose ornery sullen surly touchy ugly uncivilized uncultured unmannerly unneighborly unpolished unsociable vulgar all thumbs blundering blunderous bulky bumbling bungling butterfingered clownish elephantine gauche gawkish gawky graceless ham-handed heavy heavy-handed helpless hulking ill-shaped incompetent inelegant inept inexpert lubberly lumbering lumpish maladroit ponderous splay stumbling unable unadept uncoordinated uncouth undexterous uneasy ungainly unhandy unskillful untactful untalented untoward unwieldy weedy bawdy blue boorish brutish common foul-mouthed immodest improper incult indelicate low lowdown and dirty nasty obscene off-color offensive raffish raunchy ribald roughneck scatological uncultivated unrefined vulgarian chapped coarse-grained grainy granular homespun inferior loose lumpy mediocre particulate poor quality rough-hewn rugged unfinished unprocessed unpurified abrupt churlish Crude coat lard lube dry ale amber brew barley pop brew brewski brown bottle chill cold coffee cold one hops lager malt malt liquor oil stout suds a line adulation baloney blandishment cajolery coaxing compliments exaggeration eyewash fawning honey incense ingratiation inveiglement overpraise soft soap soft words sweet talk wheedling apple polish argue into banter beguile blandish bootlick brownnose build up butter up con crowd deceive decoy delude dupe entice entrap get around get next to hand a line induce influence inveigle jolly lay it on thick lure make up to maneuver massage mislead play up to push rub the right way seduce snow soap soft-soap soften spread it on stroke suck up to sweet-talk sweeten up tantalize tempt urge wheedle work on work over art artwork picture piece portrait still life watercolor balm cream lenitive liniment moisturizer ointment salve soothing agent unguent ability ableness adroitness aptness cleverness command competence craft cunning deftness dexterity dodge facility finesse goods ingeniousness judgment knack know-how line makings one's thing prowess readiness savvy sharpness skill skillfulness stuff beer blarney cajole canvas emollient expertise Oil O.I.L. also moreover additionally again along along with and as well as well as besides conjointly further furthermore in conjunction with in like manner including likewise more more than that on top of over and above plus still to boot together with too withal added aggrandized amassed another augmented bounteous deeper else enhanced exceeding expanded extended extra farther fresh heavier higher in addition increased innumerable larger major massed new numerous other spare supplementary too many wider And? AND innate logical ordinary usual common constant probable familiar general regular uniform native habitual inborn inherent typical typic natal unusual rare foreign fixed refined real simple genuine easy frank rustic plain artless candid direct folksy homey naive sincere modern false complex raw pure wild crude whole gentle formal agricultural natural peasant rural uncultivated undomesticated beastly bestial bodily brute brutish corporeal earthly earthy feral fleshy mammalian muscular physical sensual untamed zoological guileless honest ingenuous innocent open straight straightforward talking turkey true unadorned unaffected uncontrived unpretentious unsophisticated up front autogenetic impulsive instinctive instinctual intuitive involuntary knee-jerk mechanical perfunctory reflex routine spontaneous unconscious unforced unintentional unmeditated unthinking unwilled adulterated baseborn counterfeit fake imperfect impure inferior irregular misbegotten misborn mixed mongrel phony sham spurious suppositious ungenuine actual animal carnal corporal fleshly gross human material normal organic somatic substantial tangible unspiritual agrarian automatic bastard naturals Natural vapor smoke fumes effluvium miasma stream solid analgesic anodyne dope gas hypnotic inhalant narcotic opiate pain-killer shot soporific spinal babble bull session chatter conversation converse gab gossip heart-to-heart hot air jabber palaver prattle rap rap session tête-à-tête visit yak blather chat chitchat twaddle yakking blab cackle clack gabble gibber go on and on jaw natter prate tattle twiddle blow bluster boast caw cock-a-doodle-doo cry flourish gloat glory in gurgle jubilate mouth puff rodomontade squawk strut swagger triumph vaunt whoop abate alleviate anesthetize benumb blunt check chloroform consume cushion damp dampen depress deprive desensitize destroy devitalize dim drown dull etherize exhaust freeze frustrate hush impair incapacitate injure knock out lay out lessen mute numb paralyze put out of order put to sleep quieten reduce repress retard slow smother soften stifle stun stupefy suppress tire tone down unnerve weaken anesthetic crow deaden outlook budget augury guess cast hindsight ignorance foresee portend gauge augur figure gather reason plan divine presage infer surmise doubt begin start forebode forecast forerun foreshow foretell harbinger herald indicate predict signal signify assume await bargain for be afraid conjecture count chickens count on cross the bridge entertain foretaste have a hunch hope for jump the gun look for look forward to plan on prepare for prevision prognosticate promise oneself prophesy see see coming see in the cards suppose visualize wait wait for apprehension awareness foreboding foreseeing foresight forethought inkling intuition preconception premonition prescience presentiment prior knowledge realization adumbrate bespeak bode call it call the shots crystal-ball figure out foreshadow promise psych out read soothsay account add adjust appraise assay cipher consider count determine divide dope out enumerate judge keep tabs measure multiply number rate reckon size up subtract sum take account of tally tot tote up value weigh work out adding arithmetic ciphering computation counting dividing estimate estimation figuring judgment multiplying prediction reckoning subtracting summation totaling announce anticipate anticipation calculate calculation august August 2017 coat lard lube dry ale amber brew barley pop brew brewski brown bottle chill cold coffee cold one hops lager malt malt liquor oil stout suds a line adulation baloney blandishment cajolery coaxing compliments exaggeration eyewash fawning honey incense ingratiation inveiglement overpraise soft soap soft words sweet talk wheedling apple polish argue into banter beguile blandish bootlick brownnose build up butter up con crowd deceive decoy delude dupe entice entrap get around get next to hand a line induce influence inveigle jolly lay it on thick lure make up to maneuver massage mislead play up to push rub the right way seduce snow soap soft-soap soften spread it on stroke suck up to sweet-talk sweeten up tantalize tempt urge wheedle work on work over art artwork picture piece portrait still life watercolor balm cream lenitive liniment moisturizer ointment salve soothing agent unguent ability ableness adroitness aptness cleverness command competence craft cunning deftness dexterity dodge facility finesse goods ingeniousness judgment knack know-how line makings one's thing prowess readiness savvy sharpness skill skillfulness stuff beer blarney cajole canvas emollient expertise Oil O.I.L. gas fuel crude oil fossil fuel gasoline kerosene naphtha natural gas petrol petroleum innate logical ordinary usual common constant probable familiar general regular uniform native habitual inborn inherent typical typic natal unusual rare foreign fixed refined real simple genuine easy frank rustic plain artless candid direct folksy homey naive sincere modern false complex raw pure wild crude whole gentle formal agricultural natural peasant rural uncultivated undomesticated beastly bestial bodily brute brutish corporeal earthly earthy feral fleshy mammalian muscular physical sensual untamed zoological guileless honest ingenuous innocent open straight straightforward talking turkey true unadorned unaffected uncontrived unpretentious unsophisticated up front autogenetic impulsive instinctive instinctual intuitive involuntary knee-jerk mechanical perfunctory reflex routine spontaneous unconscious unforced unintentional unmeditated unthinking unwilled adulterated baseborn counterfeit fake imperfect impure inferior irregular misbegotten misborn mixed mongrel phony sham spurious suppositious ungenuine actual animal carnal corporal fleshly gross human material normal organic somatic substantial tangible unspiritual agrarian automatic bastard naturals Natural Gas gas GAS G.A.S. cannabis marijuana gas bags weed pot ganja ganj fart poot shit flavored air stank rank noah lie lying decieving untruthful non-beleiving exaggerate over-do loud gassing ENERGY energy eventual planned imminent ultimate final coming booked destined fated later likely near next ulterior unborn budgeted to be past outlook destiny fate offing morrow accident advantage adventure bad luck break cast casualty coincidence contingency destination doom even chance fluke fortuity fortune future gamble good luck hap haphazard happening hazard heads or tails hit in the cards kismet lot lottery luck out lucky break misfortune occurrence odds outcome peradventure peril providence risk stroke of luck throw of the dice toss-up turn of the cards way the cookie crumbles wheel of fortune about to happen advancing almost on one anticipated aspiring at hand certain close converging deserving docking drawing near due en route expected foreseen forthcoming gaining upon getting near immediate impending in prospect in store in the offing in the wind in view instant marked nearing nigh oncoming ordained predestined preparing progressing prospective pursuing running after subsequent up-and-coming Moirai afterlife breaks certainty circumstance conclusion condition constellation course of events cup design divine decree expectation finality foreordination happenstance hereafter horoscope inevitability intent intention karma luck objective ordinance portion predestination predetermination prospect serendipity the stars way the ball bounces what is written world to come affianced asked for betrothed bound committed contracted given one's word going steady hooked intended matched pinned pledged plighted ringed spoken for steady aeon age ages blue moon dog's age endless time endlessness everlastingness forever and a day immortality imperishability infiniteness infinitude infinity kingdom come other world perpetuity time without end timelessness wild blue yonder world without end chance consequence divine will effect end ending handwriting on the wall inescapableness issue nemesis stars termination upshot engaged eternity goods asset stock thing line ware bolt cargo commodities fabric freight load materials seconds stuff textile vendibles wares accumulation array articles assets assortment backlog cache choice fund hoard inventory nest egg pharmacopoeia produce range reserve reservoir selection stockpile store supply variety barter business buying and selling commercial goods communication communion connection contact dealings exchange intercourse relations trade traffic lines manufactures material product products abundance affluence belongings bounty capital cash clover copiousness cornucopia dough estate fortune funds gold holdings lap of luxury long green lucre luxuriance luxury means opulence pelf plenitude plenty possessions profusion property prosperity prosperousness revenue riches richness security stocks and bonds substance substantiality treasure velvet worth commodity merchandise truck wealth
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