The Commodity Trading Forum
is a presentation of 		Free
Commodity Chart Service
Commodity Menu
My Charts Menu
Intraday Quotes
Stock Market Data		 News for Traders
Weather Maps
Commodity Brokers
Premium Resources		 Learning Center
Short Course
Glossary
Trader's Books		 Trader's Forum
Live Chat

TFC Home		 F.A.Q.
Suggestion Box
Advertising Info.

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Commodity Trading Discussion Forum

Re: Something Fishy Going on/Lee *PIC*

Posted By: Trades
Date: Thursday, 2 July 2009, at 6:40 p.m.

In Response To: Re: Something Fishy Going on/Trades/All (Lee)

Aug Crude broke out over $60 resistance and ran up to $74 and has been trapped between $66 and $74 for over a month now. Note the weak double top and now back to $66 bottom of the channel & a much weaker RSI 21. Looks a break coming back to $60. Would be typical too seasonally. Still in contango with future months higher than the front month meaning no big demand for Crude. Where are you located Lee?

If you want to print this message, you might have better results, and waste less paper if you print this printer friendly page.

Password:

Messages In This Thread

 

Post Response
Your Name:
E-Mail Address:
Subject:
Message:

If you'd like to include a link to another page with your message,
please provide both the URL address and the title of the page:

Optional Link URL:
Optional Link Title:

If you'd like to have the option of deleting your post later,
please provide a password (CASE SENSITIVE!):

Password:
Save Password: Yes No
 

 

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Commodity Trading Discussion Forum is maintained by Mike Ritchie with WebBBS 5.00.

To report abuse of this Forum, please send email to: admin1@tradingcharts.com