{"id":77,"date":"2025-01-24T09:00:32","date_gmt":"2025-01-24T09:00:32","guid":{"rendered":"https:\/\/alphaedgereport.xyz\/?p=77"},"modified":"2025-01-24T14:20:18","modified_gmt":"2025-01-24T14:20:18","slug":"crude-oil-trade-technical-update-january-24th","status":"publish","type":"post","link":"https:\/\/alphaedgereport.xyz\/index.php\/2025\/01\/24\/crude-oil-trade-technical-update-january-24th\/","title":{"rendered":"Crude Oil Trade Technical Update January 24th"},"content":{"rendered":"\n<p>US Oil has broken our near term support at $75.22 (yellow line), and looks to be breaking down to the $71 price zone as outlined in previous reports. Its hard to see this as a pullback in a bullish daily trend. Beyond any fundamental catalyst, we don&#8217;t see any case for price to regain the $81 area just now. Indicators aside, both 4-hour and weekly charts are unambiguously bearish.<\/p>\n\n\n\n<p>Its Friday and so we are sidelined until after the weekend.<\/p>\n\n\n\n<p>Stay sharp and good luck with your trading.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<p class=\"wp-block-tag-cloud\"><a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/bitcoin-breaks-100k\/\" class=\"tag-cloud-link tag-link-44 tag-link-position-1\" style=\"font-size: 8pt;\" aria-label=\"Bitcoin breaks $100K (1 item)\">Bitcoin breaks $100K<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/brent-oil\/\" class=\"tag-cloud-link tag-link-69 tag-link-position-2\" style=\"font-size: 13.675675675676pt;\" aria-label=\"brent oil (3 items)\">brent oil<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/btcusd\/\" class=\"tag-cloud-link tag-link-13 tag-link-position-3\" style=\"font-size: 8pt;\" aria-label=\"BTCUSD (1 item)\">BTCUSD<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/ceasefire\/\" class=\"tag-cloud-link tag-link-38 tag-link-position-4\" style=\"font-size: 8pt;\" aria-label=\"ceasefire (1 item)\">ceasefire<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/cl_f\/\" class=\"tag-cloud-link tag-link-65 tag-link-position-5\" style=\"font-size: 15.567567567568pt;\" aria-label=\"CL_F (4 items)\">CL_F<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/cpi-data\/\" class=\"tag-cloud-link tag-link-29 tag-link-position-6\" style=\"font-size: 11.405405405405pt;\" aria-label=\"CPI data (2 items)\">CPI data<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/crude-oil\/\" class=\"tag-cloud-link tag-link-68 tag-link-position-7\" style=\"font-size: 13.675675675676pt;\" aria-label=\"crude oil (3 items)\">crude oil<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/cryptocurrency-market-performance\/\" class=\"tag-cloud-link tag-link-47 tag-link-position-8\" style=\"font-size: 8pt;\" aria-label=\"Cryptocurrency market performance (1 item)\">Cryptocurrency market performance<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/day-trading\/\" class=\"tag-cloud-link tag-link-63 tag-link-position-9\" style=\"font-size: 11.405405405405pt;\" aria-label=\"day trading (2 items)\">day trading<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/dollar-strength\/\" class=\"tag-cloud-link tag-link-16 tag-link-position-10\" style=\"font-size: 13.675675675676pt;\" aria-label=\"Dollar strength (3 items)\">Dollar strength<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/dxy\/\" class=\"tag-cloud-link tag-link-8 tag-link-position-11\" style=\"font-size: 17.081081081081pt;\" aria-label=\"DXY (5 items)\">DXY<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/fed\/\" class=\"tag-cloud-link tag-link-26 tag-link-position-12\" style=\"font-size: 17.081081081081pt;\" aria-label=\"FED (5 items)\">FED<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/forex-analysis\/\" class=\"tag-cloud-link tag-link-34 tag-link-position-13\" style=\"font-size: 13.675675675676pt;\" aria-label=\"Forex analysis (3 items)\">Forex analysis<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/forex-market-analysis\/\" class=\"tag-cloud-link tag-link-50 tag-link-position-14\" style=\"font-size: 8pt;\" aria-label=\"Forex market analysis (1 item)\">Forex market analysis<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/geo-politics\/\" class=\"tag-cloud-link tag-link-36 tag-link-position-15\" style=\"font-size: 11.405405405405pt;\" aria-label=\"geo-politics (2 items)\">geo-politics<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/gold\/\" class=\"tag-cloud-link tag-link-11 tag-link-position-16\" style=\"font-size: 13.675675675676pt;\" aria-label=\"GOLD (3 items)\">GOLD<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/gold-price-surge-january-2025\/\" class=\"tag-cloud-link tag-link-45 tag-link-position-17\" style=\"font-size: 8pt;\" aria-label=\"Gold price surge January 2025 (1 item)\">Gold price surge January 2025<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/inflation-impact-on-markets\/\" class=\"tag-cloud-link tag-link-49 tag-link-position-18\" style=\"font-size: 8pt;\" aria-label=\"Inflation impact on markets (1 item)\">Inflation impact on markets<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/israel-hamas\/\" class=\"tag-cloud-link tag-link-37 tag-link-position-19\" style=\"font-size: 8pt;\" aria-label=\"Israel-Hamas (1 item)\">Israel-Hamas<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/macro-investing\/\" class=\"tag-cloud-link tag-link-5 tag-link-position-20\" style=\"font-size: 8pt;\" aria-label=\"macro investing (1 item)\">macro investing<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/macro-market-newsletter\/\" class=\"tag-cloud-link tag-link-7 tag-link-position-21\" style=\"font-size: 13.675675675676pt;\" aria-label=\"macro market newsletter (3 items)\">macro market newsletter<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/macro-markets\/\" class=\"tag-cloud-link tag-link-6 tag-link-position-22\" style=\"font-size: 22pt;\" aria-label=\"macro markets (10 items)\">macro markets<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/macro-report\/\" class=\"tag-cloud-link tag-link-66 tag-link-position-23\" style=\"font-size: 13.675675675676pt;\" aria-label=\"macro report (3 items)\">macro report<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/macro-trading\/\" class=\"tag-cloud-link tag-link-4 tag-link-position-24\" style=\"font-size: 22pt;\" aria-label=\"macro trading (10 items)\">macro trading<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/market-analysis\/\" class=\"tag-cloud-link tag-link-40 tag-link-position-25\" style=\"font-size: 18.405405405405pt;\" aria-label=\"market analysis (6 items)\">market analysis<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/market-trends-january-2025\/\" class=\"tag-cloud-link tag-link-42 tag-link-position-26\" style=\"font-size: 8pt;\" aria-label=\"Market trends January 2025 (1 item)\">Market trends January 2025<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/market-volatility\/\" class=\"tag-cloud-link tag-link-31 tag-link-position-27\" style=\"font-size: 19.351351351351pt;\" aria-label=\"market volatility (7 items)\">market volatility<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/middle-east\/\" class=\"tag-cloud-link tag-link-39 tag-link-position-28\" style=\"font-size: 8pt;\" aria-label=\"Middle East (1 item)\">Middle East<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/oil-price-volatility\/\" class=\"tag-cloud-link tag-link-46 tag-link-position-29\" style=\"font-size: 8pt;\" aria-label=\"Oil price volatility (1 item)\">Oil price volatility<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/opec\/\" class=\"tag-cloud-link tag-link-41 tag-link-position-30\" style=\"font-size: 13.675675675676pt;\" aria-label=\"OPEC (3 items)\">OPEC<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/technical-analysis\/\" class=\"tag-cloud-link tag-link-64 tag-link-position-31\" style=\"font-size: 11.405405405405pt;\" aria-label=\"technical analysis (2 items)\">technical analysis<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/trading-strategies\/\" class=\"tag-cloud-link tag-link-33 tag-link-position-32\" style=\"font-size: 19.351351351351pt;\" aria-label=\"trading strategies (7 items)\">trading strategies<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/treasury-yields\/\" class=\"tag-cloud-link tag-link-25 tag-link-position-33\" style=\"font-size: 11.405405405405pt;\" aria-label=\"treasury yields (2 items)\">treasury yields<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/trump-tariffs\/\" class=\"tag-cloud-link tag-link-15 tag-link-position-34\" style=\"font-size: 13.675675675676pt;\" aria-label=\"Trump tariffs (3 items)\">Trump tariffs<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/u-s-stock-market-rally\/\" class=\"tag-cloud-link tag-link-48 tag-link-position-35\" style=\"font-size: 8pt;\" aria-label=\"U.S. stock market rally (1 item)\">U.S. stock market rally<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/uk-gilts\/\" class=\"tag-cloud-link tag-link-14 tag-link-position-36\" style=\"font-size: 13.675675675676pt;\" aria-label=\"UK Gilts (3 items)\">UK Gilts<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/usdjpy\/\" class=\"tag-cloud-link tag-link-9 tag-link-position-37\" style=\"font-size: 11.405405405405pt;\" aria-label=\"USDJPY (2 items)\">USDJPY<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/us-inflation\/\" class=\"tag-cloud-link tag-link-27 tag-link-position-38\" style=\"font-size: 18.405405405405pt;\" aria-label=\"US inflation (6 items)\">US inflation<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/us-oil\/\" class=\"tag-cloud-link tag-link-32 tag-link-position-39\" style=\"font-size: 21.243243243243pt;\" aria-label=\"US Oil (9 items)\">US Oil<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/usoil\/\" class=\"tag-cloud-link tag-link-10 tag-link-position-40\" style=\"font-size: 11.405405405405pt;\" aria-label=\"USOIL (2 items)\">USOIL<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/vix\/\" class=\"tag-cloud-link tag-link-30 tag-link-position-41\" style=\"font-size: 11.405405405405pt;\" aria-label=\"VIX (2 items)\">VIX<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/weekly-market-recap\/\" class=\"tag-cloud-link tag-link-43 tag-link-position-42\" style=\"font-size: 8pt;\" aria-label=\"Weekly market recap (1 item)\">Weekly market recap<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/wti\/\" class=\"tag-cloud-link tag-link-28 tag-link-position-43\" style=\"font-size: 22pt;\" aria-label=\"WTI (10 items)\">WTI<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/xauusd\/\" class=\"tag-cloud-link tag-link-12 tag-link-position-44\" style=\"font-size: 8pt;\" aria-label=\"XAUUSD (1 item)\">XAUUSD<\/a>\n<a href=\"https:\/\/alphaedgereport.xyz\/index.php\/tag\/xtiusd\/\" class=\"tag-cloud-link tag-link-62 tag-link-position-45\" style=\"font-size: 15.567567567568pt;\" aria-label=\"XTIUSD (4 items)\">XTIUSD<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>US Oil has broken our near term support at $75.22 (yellow line), and looks to be breaking down to the $71 price zone as outlined in previous reports. Its hard to see this as a pullback in a bullish daily trend. Beyond any fundamental catalyst, we don&#8217;t see any case for price to regain the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":78,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_surecart_dashboard_logo_width":"180px","_surecart_dashboard_show_logo":true,"_surecart_dashboard_navigation_orders":true,"_surecart_dashboard_navigation_invoices":true,"_surecart_dashboard_navigation_subscriptions":true,"_surecart_dashboard_navigation_downloads":true,"_surecart_dashboard_navigation_billing":true,"_surecart_dashboard_navigation_account":true,"footnotes":""},"categories":[21,19],"tags":[69,65,68,63,6,66,4,40,64,33,32,28,71,62],"class_list":["post-77","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sector-analysis","category-trading-strategies","tag-brent-oil","tag-cl_f","tag-crude-oil","tag-day-trading","tag-macro-markets","tag-macro-report","tag-macro-trading","tag-market-analysis","tag-technical-analysis","tag-trading-strategies","tag-us-oil","tag-wti","tag-xbrusd","tag-xtiusd"],"_links":{"self":[{"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/posts\/77","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/comments?post=77"}],"version-history":[{"count":2,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/posts\/77\/revisions"}],"predecessor-version":[{"id":80,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/posts\/77\/revisions\/80"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/media\/78"}],"wp:attachment":[{"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/media?parent=77"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/categories?post=77"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphaedgereport.xyz\/index.php\/wp-json\/wp\/v2\/tags?post=77"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}