gasoil2

Technical forecast for Gasoil

Gasoil September outlook is now negative as we look for a test of 932.50 support. A bb Tuesday’s low of 929.25 should then target 925/924.50 for a short term buying opportunity.

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gold3

Technical forecast for Spot Gold

Spot Gold hit our buying opportunity at 1357/55 & a low for the day expected & held above 1352 to ensure stops were not activated. However the outlook

gold2

Technical forecast for Spot Gold

Spot Gold fell to our buying opportunity at 1357/55 & a low for the day expected & held above 1352 to ensure stops were not activated. This trade

gasoil1

Technical forecast for RBOB

Gasoil September only just held on to our buying opportunity at 930.75/00 & headed higher for a second selling opportunity at 944/945 & topped exactly here. The outlook

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Technical forecast for RBOB

RBOB Gasoline made it back to 295/296 for a selling opportunity & topped exactly here. This trade worked perfectly & with the outlook turning more negative we could

brent2

Technical forecast for Brent Crude

Brent Crude headed lower as expected to support at 108.55/15 to try longs expecting a low for the day & we bottomed almost exactly here at 108.61. The

nat_gas2

Technical forecast for Natural Gas

Natural Gas tested good support at 3.412/410 for trying longs with stops below 3.380 & this trade worked perfectly as we bottomed at 3.388. However the outlook is

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Technical forecast for WTI Crude

WTI Crude did break lower as predicted to our buying opportunity at 104.50 & bottomed exactly here. The daily chart looks quite negative but in the short term

nat_gas1

Technical forecast for Natural Gas

Natural Gas broke 3.426/434 but did not quite fill the gap at 3.548. We have held support at 3.445 and need to watch this level today being overbought

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Technical forecast for Brent Crude

Brent Crude hit the target of 110.76 then failed just below 111.20 at 111. We have fallen back to the 109.60/55 target now & bottomed exactly here at