Expert Technical Analysis for Global Markets, Specialising in Energy
in Dutch TTF Nat Gas, European Gas/Carbon/Power, Technical Analysis, Trading
Dutch TTF Gas gapped higher overnight to test the critical 51.54 resistance level featured in our reports for months now. With the market bouncing off this key line in the sand, the near-term trend hinges on whether Friday’s high of 49.435 gap support holds.
At the end of a quiet week in TTF, Friday’s low …
in Aluminium, LME Base Metals, Metals, Technical Analysis, Trading
Aluminium on the LME is back at its recent highs.
3684 was yesterday’s high. 3690 was last week’s high. This was the highest print since March 2022 when it spiked up to 4073.50 and promptly fell over, as you can see from our Monthly chart.
As well as Aluminium we also cover LME …
in Brent Crude, Oil/Gas/Energy Trading, Oil/US Gas, Technical Analysis, Trading
After the rollover to the new front month, the price of Brent Crude has exceeded the Mid-March high. Here’s what our clients got today.
Candlestick Chart & Technical Analysis
•Short term Trend: Bullish
•Medium term Trend: Bullish
•Yesterday’s candle:
in Copper, LME Base Metals, Metals, Technical Analysis, Trading
Copper has pulled back from Fibonacci resistance at 13445.
Candlestick Chart & Technical Analysis
•Short term Trend: Bullish
•Medium term Trend: Neutral – Bullish
•Yesterday’s candle:
“A red candle on hitting this area of resistance last Thursday but no follow through from …
in Copper, LME Base Metals, Metals, Technical Analysis, Trading
Here is what our clients got today regarding LME Copper.
Candlestick Chart & Technical Analysis
•Short term Trend: Bullish
•Medium term Trend: Neutral – Bullish
•Yesterday’s candle:
“There is a band of resistance coming into sight …
in Gold, Metals, Precious Metals, Technical Analysis, Trading
Gold looking bullish after yesterday’s bounce from 4627.
Here’s what our clients got this morning. See our Metals Reports options here.
Candlestick Chart & Technical Analysis
•Short term Trend: Bullish
•Medium term Trend: Bullish
•Yesterday’s candle:
in Aluminium, Brent Crude, Bund, Copper, DAX, Dutch TTF Nat Gas, EUA Carbon Emissions, Eurostoxx, Financial Futures, Gold, NASDAQ, S&P, Silver, Technical Analysis, Trading, WTI
Gaps Galore! If/when something opens below the previous day’s low, or above the previous sessions’ high, a price “gap” is created (known as a “Window” in candlestick analysis). There’s been quite a few of those on our charts of late, particularly on a Monday, and today was no exception. A price gap below immediately becomes an important and obvious …
Back in December (the 8th to be precise) I “broke my silence” on BitCoin with a Blog post. I compared it to Silver in the 1980s and Tulips in the 1630s! It turned out to be one of the most popular posts I’ve ever done. That proved one thing to me: That there is a lot of interest in “Crypto”.
Here is an excerpt from our FTSE Futures report that was sent to our clients at 6.48 (UK time) this morning. As you can see our trade idea was to sell at 5745 with targets at 5720, 5695 and 5670. We have hit the first target and suggest stop is now moved to entry.
Yesterday’s first hour saw a rally …
On July 17th Brent gave a buy signal from a “Head and Shoulders bottom” pattern. On that day we finished our commentary thus: 116.65 here we come!!!
Since then we’ve seen a rally to 108.18 then a pullback that held the broken Neckline, followed by another strong rally. Here are a few snippets from our analysis this week:
Monday:
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