Trading crude oil futures energy equities

Energy equities, including major exploration & production firms, are trending in line with futures price movements. See on the daily bar chart for December crude oil futures that price action has been choppy and sideways but the selloff from last week’s seven-week high has given the bears fresh downside momentum. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the blue MACD line has just crossed below the red trigger line. Value of COVID-19 stimulus packages in the G20 as share of GDP 2021 Trading crude oil futures volatility index climbed to its highest level in four months, reflecting the market's sensitivity to mixed macroeconomic data. Traders embrace option strategies to hedge against sharp moves, often targeting $2 swings in daily price range.