{"id":170,"date":"2011-05-11T14:02:07","date_gmt":"2011-05-11T13:02:07","guid":{"rendered":"http:\/\/www.futurestechs.co.uk\/blog\/?p=170"},"modified":"2011-05-11T14:02:07","modified_gmt":"2011-05-11T13:02:07","slug":"brent-crude-technical-analysis","status":"publish","type":"post","link":"https:\/\/www.futurestechs.co.uk\/news\/2011\/05\/11\/brent-crude-technical-analysis\/","title":{"rendered":"Brent Crude Technical Analysis"},"content":{"rendered":"<p>Here is a segment from today&#8217;s Brent Crude Technical Analysis report from FuturesTechs. We gave clients a preemptive &#8220;call&#8221; prior to last week&#8217;s sell off, and this morning&#8217;s price action, a failure at 118.37, could be the start of the next leg lower.<\/p>\n<p>A free trial is available by following the links on our website.<\/p>\n<p><!--[if !mso]>\n\n\n\n<style>\nv:* {behavior:url(#default#VML);}\no:* {behavior:url(#default#VML);}\np:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\nv:textbox {display:none;}\n<\/style>\n\n<![endif]--> Getting above 115.62 was good news for the bulls and we are now approaching a couple of big hurdles to the upside in the shape of 118.37 and 119.03.      118.37 is the 61.8% retrace of the move from the highs, and if this is the start of a bear move we really need to see the market fail here. 119.03 is the level that triggered a sell signal when it broke, and boy did we get a reaction when that happened last week!<\/p>\n<p>Above these two there&#8217;s little to stop us from getting back up to the recent highs.       However a failure at these levels followed by weakness through 116.15 gives the bears something to shout about once more.<\/p>\n<p><a href=\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/05\/brent1105.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-171\" title=\"brent1105\" src=\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/05\/brent1105.jpg\" alt=\"\" width=\"500\" height=\"295\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is a segment from today&#8217;s Brent Crude Technical Analysis report from FuturesTechs. We gave clients a preemptive &#8220;call&#8221; prior to last week&#8217;s sell off, and this morning&#8217;s price action, a failure at 118.37, could be the start of the next leg lower.<br \/>\nA free trial is available by following the links on our website.<br \/>\n Getting above 115.62 was &#8230;<\/p>\n<p><a class=\"btn-primary entries-readmore\" href=\"https:\/\/www.futurestechs.co.uk\/news\/2011\/05\/11\/brent-crude-technical-analysis\/\" title=\"Read more\">Read more<\/a><\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[46,47,48,50,76,79,112,127,128,235,236,239,240,247,280,343,347,674,495],"class_list":["post-170","post","type-post","status-publish","format-standard","hentry","category-technical-analysis","tag-brent-analysis","tag-brent-crude","tag-brent-crude-charts","tag-brent-technical-analysis","tag-candlestick-analysis","tag-candlestick-charts","tag-clive-lambert","tag-daily-candlestick-charts","tag-daily-chart-analysis","tag-futurestech","tag-futurestechs","tag-futuretech","tag-futuretechs","tag-gasoil","tag-ice-brent-crude","tag-natural-gas","tag-nymex-wti","tag-technical-analysis","tag-technical-analysis-reports"],"_links":{"self":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/comments?post=170"}],"version-history":[{"count":0,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/media?parent=170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/categories?post=170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/tags?post=170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}