Category Archives: Commodities

West Texas Intermediate is exhibiting weakness

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WTI crude daily chart

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Technical Analysis is about trading with the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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Major support for West Texas Intermediate is $95.00

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WTI major support is $95.00

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Technical Analysis is about trading with the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnlin

WTI near-term uptrend will test resistance at $115

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WT

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Technical Analysis is about catching the breakouts

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnline.ca InvestOnline.ca

West Texas Intermediate attempting to hold support at $95.00

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WTI daily chart

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Technical Analysis is about catching the breakouts

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnline.ca InvestOnline.ca

The rule of thumb for commodity traders is that China consumes “half of everything”. For some materials, such as iron ore, even this is an understatement

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China seeks to extend its clout in commodity markets | The Economist

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

Breakout for Gold around 1850

Here is the 4-year weekly chart for gold

Gold weekly chart

Here is the 10-month daily chart for gold to focus in on the breakout

 

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

West Texas Intermediate (WTI) long-term-chart

Crude oil reached an all time high of $147.27 in July of 2008. I have placed a trendline on the chart which shows a breakout above the trendline and indicates that WTI has more runway. Could $100 be in the cards before the end of the year?

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2021 TradeOnline.ca InvestOnline.ca