METALS & COMMODITIES

June 10, 2018

Natural Gas week ahead

The NYMEX Natural Gas market had a volatile week, going back and forth as we tested the $3.00 level. Friday closed at $2.89, 2% lower that […]
June 7, 2018

Natural Gas bearish setup

NG still inside a long-term bearish channel, is now trading near the upper channel boundary. This is a great shorting opportunity with tight stops above 3$. […]
June 4, 2018

Is oil preparing for a new rally?

Oil prices have lost more than 7$ the last few weeks and we warned on time with this post, that a pull back was very close […]
May 26, 2018

Natural Gas week ahead

NYMEX Natural Gas market had a bullish week closing 3% higher than the previous one at $2.96. Buying volumes, however, remained flat after the break we […]
May 25, 2018

Why are you surprised by the Oil sell off?

I warned Trading2day.com readers about the technical bearish view I had on Oil while it was trading above 71.50$(here). The wedge pattern was very clear….the bearish […]
May 19, 2018

Natural Gas week ahead

Natural Gas markets closed the week only 1% higher than the week before, at $2.84. Thursday’s US underground stocks increased by 106Bcf and buyers have not […]
May 18, 2018

Bearish pattern for Oil

Oil prices are trading inside a rising wedge pattern. In the chart below we also observe the bearish warning signs by the RSI divergence in the  […]
May 13, 2018

Natural Gas week ahead

Natural Gas market rallied during the week. Friday closed at $2.80, 3.80% higher than the week before. Natural gas remains 18% lower than a year before. […]
May 5, 2018

Natural Gas the week ahead

NYMEX Natural Gas fell during the week. Oversupply and higher temperatures in the United States always have an impact in demand and EIA’s weekly storage reports. […]
April 28, 2018

Natural Gas the week ahead

Another volatile week for Nat Gas and the market closed at previous week’s levels. New buyers didn’t come in after Thursday’s storage report. We start to […]
April 21, 2018

Natural Gas for the week ahead

Nat Gas had a volatile week. Friday closed at previous week’s levels. Buying volumes haven’t pick up and winter withdrawals weren’t that large. We are still […]
March 22, 2018

Long SPX short Oil

For some time now Oil has been strongly positively correlated to SPX. I could even say that Oil could be leading SPX price. I have been […]
February 15, 2018

Has Oil bottomed?

After two weeks of declining prices from 66$ to 58$, Oil is bouncing back above 60$ and we take a look at the charts  to see […]