Sign inRecent Commentaries tagged (energies)
Stock Market: resilience demonstrated as prices spring back from morning losses.
Stock Market: resilience demonstrated as prices spring back from morning losses. Energy Stock Sector Relative Strength Ratio (XLE/SPY) fell below 12-week lows on 3/15/10 and remains bearish. In contrast, absolute price of XLE moved above 7-week highs on 3/12/10 and remains in bullish relative to...
Oil making new highs!
Crude Oil is making new highs here on the NYMEX for 2010 and this should not go unnoticed with the WTI spreads rallying along with the flatprice. The spreads rally, especially in the back with Jun/Dec to -170 and Dec/Red to -160 has had a positive affect on the upside for the oil markets. ...
Expected ranges for Soft markets 03.08.10
SBK: Res. 2233-37, 2288, 2322, Sup 2162, 2140-2123, 2090 KCK: Res. 13130, 13285, 13390, Sup. 12970, 12860-25 CCK: Res. 2889, 2903, 2946-55, Sup. 2811, 2799-2795, 2760 CTK: Res. 8309, 8449-75, Sup. 8176, 8095-8075, 8000
Nat Gas Testing Lows
Just a reminder, these charts are posted as examples of the trades on the nightly COT Signals email. These trades will help illustrate the mechanics that go into creating the nightly email.April Natural gas is testing its December 3rd low. However, as we've approached these levels, we've seen a...
Stock Market: price upturn on rising volume...
Stock Market: price upturn on rising volume indicates an oversold bounce. Short term, downside momentum appears to be broken. The market already may have worked off considerable amount of the high level of bullish sentiment registered earlier this month. Some market indicators got oversold...
Crude falls to 200 day MA of $73.50
Crude Oil has declined from the overcrowded market above $80 and now has sold off to the 200 day moving average of $73.50. This is a very critical support area and with rising inventories and a strengthening dollar it looks like it is only a matter of time that the $73.50 mark gets broken. ...
Did You Miss this Opportunity in the Energies Market?
Where Will Gas Prices Go? Source: VantagePoint Intermarket Analysis Software To see more FREE recent market predictions for energies go here! The market increased by 2290 ticks. 2290 ticks = $9,618 per contract (About 14 trading days) When the blue line (forecast) crossed above the black line...
Overcrowded above $80?
It seems the Oil market is a bit overcrowded here above the $80 level as prices soared up to new yearly highs in recent weeks with the bitter cold weather conditions in the US. Crude oil has halted here at $83.50 and has been drifting lower the passed few days even as wti spreads strengthen...
Daily Stock Market Update
Stock Market: signs of technical trend strength are widespread. S&P 500 Composite rose above highs of the previous 15 months on 1/6/10. Materials Stock Sector Relative Strength Ratio (XLB/SPY) broke out above 15-week highs on 1/6/10. XLB/SPY remains above its 50- and 200-day simple moving...
Smart Money Does Not Like Company - Nor Does Smart Money Ever Sleep
Monday 4 January 2010 One thing a savvy trader must understand is that smart money, [our descriptive adjective for controlling nterests in a market], does not like company. What does that mean? When a move, up or down, is about to commence, it goes quickly giving little opportunity to join...
Did You Miss This Opportunity in the Energies Market?
How Low Will Gas Go? Source: VantagePoint Intermarket Analysis Software To see more FREE recent market predictions for Futures go here! The market decreased by 1535 ticks. 1535 ticks = $6,447 per contract (About 7 trading days) When the blue line (forecast) crossed below the black line...
Crude Oil - trend Remains Intact - a Rally Unfolds
Wednesday 16 December 2009 In our last article, Crude Oil - Things Change, the analysis was right on point in identifying the trend as up, weakened, but still up. We are starting to see confirmation that the spike volume was stopping volume, as we surmised. The weekly chart is updated to...
Gold selling off heading into end of 09′
Gold has sold off considerably in the last two weeks as the USD has strengthened against other major currencies. Gold is now down $100 since it’s high of $1,226 as investors also take profit from the huge runnup this market had in just the passed three months alone. Looks to be some...
WTI spreads pull Crude Price below $70
The WTI spreads in the front months have been sold off with vigorous offers that it has dragged the flatprice down below $70. The Jan/Feb spread has now weakend to -$2.60 in the front contract spread. This has sold off significantly from the last blog I had written and will continue to do so...
