Major resistance is around $3.00 and major support is around $2.50
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Major resistance is around $3.00 and major support is around $2.50
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High probability for another test around $75.00
Reference my last chart analysis for WTI.
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https://www.bloomberg.com/graphics/2018-lehman-anniversary/?srnd=premium
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Pizza Pizza is trading at $9.48 which is below major support near $10.50. It is yielding 9.03% which is a indication that investors expect a cut in the payout.
Reference my last post on Pizza Pizza.
http://www.pizzapizza.ca/investors/
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In a report in June, the World Bank calculated that almost all the growth in the past 20 years in global metal consumption, two-thirds of the increase in energy demand and two-fifths of the rise in food consumption came from seven countries: Brazil, China, India, Indonesia, Mexico, Russia and Turkey.
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Here is a longer-term view from 2006
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The following is an excellent article in The Economist:
Reference the following background information on the CRB Index:
https://en.wikipedia.org/wiki/Thomson_Reuters/CoreCommodity_CRB_Index
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This is a tentative breakout worthy of a headline but not a trade. Wait for a confirmed breakout. You will know.
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The following chart was published in The Economist
https://www.economist.com/finance-and-economics/2018/08/23/americas-stockmarket-passes-a-milestone
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http://www.oilsandsmagazine.com/energy-statistics/oil-and-gas-prices
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Second quarter highlights:
Royalty Pool sales decreased 2.6%
Same store sales decreased 3.3%
Restaurant network grew by four locations
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