CommodityOnline

S&P/TSX 60 continue lower as expected to good support at 761/760 where low for the day was seen as predicted. We bottomed exactly here & bounced back to the 765 area. We must hold above here...

Gold unexpectedly broke all resistance to hit 1250. This week's candles formed a bottoming pattern so we should start to build a short term recovery to unwind the oversold scenario. Any weakness today...

Emini S&P bounced perfectly from our buying opportunity at 1784/83 to hit 1799 but then collapsed, holding above our buying opportunity at 1774/72 where a low for the week is likely. Today below...

Soybeans continued lower as predicted to hit our target of 1312/11. This did hold the downside as expected & we bottomed exactly here seeing a low for the day as predicted. We ran back up to...

Emini S&P Dec 13 did continue lower breaking 1794/95 to reach 1789 but bottomed above our buying opportunity at 1784/83. We are now testing resistance at 1794/95 but above 1798 is more positive...

Gasoil trying to hold above 948 this morning to retest the high this week at 953. We are overbought but with little sign of a top be ready to go with a break higher for 955/956& perhaps as far as...

Bund hit our buying opportunity at 141.02/98 to try longs & bottomed almost exactly here at 140.94. We bounced to 141.37 for a nice profit & 141.37/42 is where we should struggle again today....

Crude: Well we’re back to refresh the numbers after a not so inspiring rebound on Friday. Kudos to those who did come in, there was a good bounce to cover the sellers on Wednesday, but not that...

Bund beat 141.70 towards our target & resistance at 141.95/00 but topped at 141.88. Getting overbought short term so this offers a selling opportunity with stops above 142.10. A test of October...

MUMBAI: MCX Natural Gas December as seen in the weekly chart above has opened the week at 241.30 levels initially moved lower, but has found very strong support at 238.30 levels. Later prices rallied...

MCX Crude December as seen in the weekly chart above has opened the week on its high at 5974 levels and then fell sharply lower breaking both the support levels towards 5761 levels. Later prices...

Emini S&P Dec13 beat 1810 to reach for our next target of 1813/14 but topped half a point below. 20 month trend line resistance as you can see in the chart above is holding us back as we dipped...

Gasoil reached the selling opportunity at 946/948 last week & topped exactly here as predicted. This trade worked perfectly as we hit our target of trend line support at 938/937 & bottomed...

Gold retested last week's highs at 1254/56 on Friday as hoped, which held the move higher as expected & we topped exactly here. This trade worked perfectly as we drift lower towards 1245. Below...