Technical forecast for Natural Gas
Natural Gas unable to beat 3.500 for the third day. We are getting overbought so we should struggle here again today but stops on shorts above 3.520 needed.
Technical forecast for WTI Crude
WTI Crude was held by 105.20 as expected & we broke 104.50 to hit the next target of 103.65/50. We expected a low for the day & bottomed
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
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
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
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
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
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
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
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