March 8, 2014

Commodity charts

Copper trend down... resistance 445-455. Next support 430.




CRUDE OIL... possible trend reversal. What is certain is SL is hit for long positions... not sure if one can trade short.


GOLD trading sideways... no breakout as yet... unable to cross and close above 31000.


NATURAL GAS... trend has reversed to downside... short on any  bounce.



SILVER... there is a buy signal on close above 46000... after this, the stock did not move up much and has formed a higher swing low around 46000... exit long position if this level breaks.

No comments:

Post a Comment