December Natural Gas futures posted a closing price reversal bottom on the weekly chart. This pattern is a bullish pattern that typically leads to the…
December Crude Oil futures posted a huge gain last week. The rare combination of technical factors and strong fundamentals helped to drive the market higher.…
After starting the week sharply higher, confirming the previous week’s closing price reversal bottom, December Natural Gas futures closed lower for the period. The rally…
December Crude Oil futures closed higher for the third consecutive week. This statement is a little deceiving since this market was down three out five…
Technical traders could not have asked for more from December Natural Gas futures last week. Not only did the contract post a daily closing price…
Last week December Crude Oil surged to the upside after confirming the previous week’s closing price reversal bottom at $75.15. Although the move was impressive,…
Bucking this week’s trend in the other energy products, December Natural Gas futures made a new low for the year, closing at 3.821. Technically the…
December Crude Oil closed higher for the week after reversing earlier weakness. The market stopped breaking at 75.15, slightly above the May 2010 bottom at…
November natural gas futures continued its slide last week, closing sharply lower and showing no indication that a bottom is even in sight. Production is…
November crude oil futures finished the week slightly lower on fears that slowing global economic growth will curtail demand. Not only was the week lower,…
The downtrend continued in Natural Gas last week as the November futures contract plunged to a new low for the year at 3.745. Bearish fundamentals…
November Crude Oil finished sharply lower this week in a move driven by the U.S. Federal Reserve’s assessment of the economy. On Wednesday, September 21,…
Like crude oil, November Natural Gas appeared to be set up for a strong surge to the upside and finish for the week, but supply…
What promised to look like a bullish week on Tuesday, failed as the rally in November Crude Oil fizzled with a series of narrow trading…
For the first time in seven weeks, natural gas futures failed to make a lower-low on the weekly charts. The inside week that was produced…
November Crude Oil finished the week slightly better after ping-ponging between a pair of Gann angles at $87.39 and $86.61. Volatility was also high, helping…
After spiking up to 4.13 after the release of last week’s inventory report and on speculation of a production shutdown because of a hurricane in…
Crude Oil futures fell on Friday after the U.S. released a dismal jobs report, but still managed to close slightly better for the week. The…
Natural Gas futures remained under pressure last week as traders assessed the potential impact of Hurricane Irene on supply and demand. The consensus is that…
October Crude Oil posted an inside week but still managed to close higher. The inside pattern often indicates impending volatility because of the compression of…