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Gold at major support zone
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Category Archives: Commodities
Commodities’ returns for the first half of 2018
First Half of 2018 Performance for Commodity Groups
The following is an excellent article on commodities:
Investors Disappointed in First Half
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
West Texas Intermediate testing major resistance
There is a high probability that WTI will break above the May high of $$72.90. It is in the cards!
West Texas Intermediate Daily Chart
Reference my last chart analysis for black gold.
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http://www.oilsandsmagazine.com/energy-statistics/world#consumption
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What are Natural Gas Liquids – NGL
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http://www.oilsandsmagazine.com/energy-statistics/world#consumption
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
Intermediate downtrend for gold and will test $1250
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
Lumber at a record high
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
West Texas Intermediate trading above $70
Reference my last chart analysis for WTI.
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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2018 TradeOnline.ca
West Texas Intermediate confirmed breakout above $66
Major trend is up, intermediate trend is up and near-term trend is up. The next test is $70.
Reference the last technical analysis for WTI when it was testing $66.00
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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2018 TradeOnline.ca
West Texas Intermediate at major resistance of $66.00
Major trend is up, intermediate trend is up and near-term trend is up.
West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. This grade is described as light because of its relatively low density, and sweet because of its low sulfur content. It is the underlying commodity of New York Mercantile Exchange’s oil futures contracts.
https://en.wikipedia.org/wiki/West_Texas_Intermediate
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