Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Both NG and CL at critical support levels/Silv *PIC*

Yes bottom picking NG is a dirty business,lol. Can't make a dead horse get up and run it seems. Here is Crude. Note the bounce off 85 price support which is also its uptrendline from August. Price would need to break below 85 to suggest a breakdown to 80 again. Seasonals are very bullish from late Feb into May. The Modified MACD has been showing weakness and a loss of momentum since it's double top and hasn't changed as yet. Not unusual when price tops out and tracks sideways.

Messages In This Thread

Re: Both NG and CL at critical support levels/Silv *PIC*