Nymex Crude Oil (CL) Crude oil’s rebound from 65.05 extended further to as high as 69.93 last week and the strength of the rebound mixed up the near term outlook. With 4…
Natural Gas Weekly Technical Outlook
Nymex Natural Gas (NG) Initial outlook remains neutral this week as sideway consolidation from 4.975 might continue. Nevertheless, as noted before, natural gas has likely bottomed at 2.409 already. Downside of the…
Weekly Fundamental Outlook for Energies and Metals – Commodities Consolidate as Economic Outlook is Mixed
Most of the commodities gyrated within their recent trading range last week as the broad market outlook remained mixed. After a sharp fall to the lower end of the range in the…
Did you see these options trading secrets videos?
This is just a blog posting to make sure you had a chance to watch the two videos I recently gave you a “heads-up” about. These eye-opening videos contain information on certain…
Gold Daily Technical Outlook
Comex Gold (GC) With 4 hours MACD crossed below signal line, Gold’s recovery from 985.5 might have completed at 1011.1 already. Intraday bias is flipped back to the downside for 985.5 first….
Silver Daily Technical Outlook
Comex Silver (SI) With 4 hours MACD crossed below signal line, recovery from 15.76 should have completed at 16.78 already. Intraday bias is flipped back to the downside and further fall should…
Crude Oil Daily Technical Outlook
Nymex Crude Oil (CL) Crude oil’s rebound loses some steam ahead of 73.16 resistance but still, further rise is mildly in favor with 68.10 minor support intact. As discussed before, the corrective…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’s pull back from 4.975 is still in progress and intraday bias remains neutral for the moment as some more consolidations could be seen. Nevertheless, as discussed…
Crude Oil Price Weakens as Investors Take Profits Ahead of US Employment Data
Crude oil price retreats below 70 as investors take profit ahead of the US employment report. Indicators released earlier this week have been rather mixed and ’employment’ components have surprised to the…
Commodity Prices Retreat As Disappointing Eco Data Sent USD Higher
Although crude oil added +0.3% to settle at 70.82 Thursday, trading momentum was weakened as the US reported a series of disappointing data. Investors worried that economic recovery might not come as…