-
Published 20 May 2013 | viewed 382 times
RBOB Gasoline tested the 100 day moving average at 292.81 but fortunately topped at 292.76 to keep us short. We are now overbought & could…
-
Published 16 May 2013 | viewed 721 times
Brent Crude did break lower & we did see a test of 101.30 but just held on here & suddenly shot higher to resistance at…
-
Published 09 May 2013 | viewed 1,160 times
Gasoil beat 863/866 again but failed to make it our next target of 875.25/876.25. If we reach here today this is tough resistance & may…
-
Published 25 April 2013 | viewed 1,635 times
RBOB bounced as hoped to reach resistance at 275.17/276.15. We said this should cap the move & it did but today we are trying to…
-
Published 19 April 2013 | viewed 1,854 times
WTI dipped below 86.12 but recovered quickly. Reversal day yesterday helps to confirm we have made a low for now. Support: 87.83, 87.40, 86.72, 86.23/12,…
-
Published 04 April 2013 | viewed 1,336 times
Natural Gas broke support at 3.966/961 & managed to hold just above the next support at 3.886/860. We can try longs here today & look…
-
Published 03 April 2013 | viewed 648 times
The market could have topped out now after the 1 month rally and we look for 96.39 today. Below here we have good support at…
-
Published 02 April 2013 | viewed 732 times
Brent Crude formed a bullish inverse head & shoulders as hoped & we made it all the way to our measured target of 111.20/50. We…
-
Published 21 March 2013 | viewed 1,802 times
Natural Gas has struggled at 3.965-3.976 for the past 3 days. We had warned the market should run out of momentum here but we do…
-
Published 20 March 2013 | viewed 1,688 times
Gasoil continued the downtrend to test the low for 2012 at 897.00. This level is of major importance as it is also the 4 year…
-
Published 19 March 2013 | viewed 1,198 times
WTI Crude broke lower but held above 91.58/40 as hoped. We then broke 93.31 to retest last week’s high at 93.84 & over ran a…
-
Published 19 March 2013 | viewed 915 times
WTI Crude broke lower but held above 91.58/40 as hoped. We then broke 93.31 to retest last week’s high at 93.84 & over ran a…
-
Published 15 March 2013 | viewed 1,042 times
RBOB Gasoline is predicted to have topped out after a 4 month rally. Yesterday we tested 310/309 support for the third day in a row.…
-
Published 07 March 2013 | viewed 1,178 times
Natural Gas fell back from resistance at 3.592/613 to support at 3.483 as expected. We watched for a bounce from here & although we over…
-
Published 04 March 2013 | viewed 1,168 times
March RBOB tested the December high at 283.92/83 where we saw a possible bounce from here. We shot higher from 282.70. April needs to hold…
-
Published 28 February 2013 | viewed 1,068 times
WTI Crude Oil retested resistance at 93.40 & held as expected. Today there is a much better chance that we can break higher to reach…
-
Published 27 February 2013 | viewed 732 times
Brent continued lower to 112.70/60 where we predicted a floor & the low was 112.41, above our stop level of 112.30. There is a good…
-
Published 26 February 2013 | viewed 660 times
Brent made it to 115.40/60 as hoped but went a little further to 115.87 before topping out. We have now tested & held good support…
-
Published 22 February 2013 | viewed 1,376 times
WTI Crude Oil hit our first target for the April contract of 92.85/82 & bottomed only a little lower at 92.63. We expect the bounce…
-
Published 21 February 2013 | viewed 1,316 times
Natural Gas went for a test of 3.320/328 where we predicted a high & we fell just a fraction short at 3.313. We are now…