Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.
By: Rick Alexander, senior broker at Zaner Group.
CRUDE OIL: 5/16/12 EIA ENERGY STOCKS. Lower close yesterday for crude oil futures. The rising dollar and falling indices lately have helped lead the energies lower. The crude made its worst low since November and close since December while the heat had its lowest low since the beginning of January before settling higher in reversal type action. The rbob had its lowest close since late January. The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below. It’s next support is below 9000 basis the July contract. For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription. SELL SIGNAL FOR CRUDE OIL FUTURES. CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!
Rick Alexander
(312) 277-0107
Subscribe FREE to Zaner Group’s Daily Research Newsletter.
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.
- Judy Crawford’s Crude Oil futures Market Update (5/16)
- Rick Alexander’s Crude Oil futures commentary (5/15)
- OPTIONS PLAY: RBOB Unleaded & Crude Oil (5/03)
- Rick Alexander’s Grain futures commentary (5/16)
- Metal complex tumbles, Gold futures generate a sell signal (5/11)
- Judy Crawford’s S&P 500 futures Market Update (5/16)
- Rick Alexander’s Metal futures commentary (5/16)
- Live Cattle & Feeder Cattle futures give buy signals (5/15)
- Judy Crawford’s Grain futures Market Update (5/16)
- Heating Oil & Gasoline RBOB show sell signals (5/14)
- Rick Alexander’s Stock Index futures commentary (5/16)
- Judy Crawford’s Metal futures Market Update (5/16)
- Markethead: Quotes, charts, news, commentary and more.
Rick Alexander’s Crude Oil futures commentary (5/18)
Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.
By: Rick Alexander, senior broker at Zaner Group.
CRUDE OIL: 5/18/12 Lower close yesterday for crude oil futures. The rising dollar and falling indices lately have helped lead the energies lower. The crude made its worst close since November 2nd while the heat had its lowest low and close since December and the rbob since January. The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as seen below. It’s next support is below 9000 basis the July contract. For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription. SELL SIGNAL FOR CRUDE OIL FUTURES. CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!
Rick Alexander
(312) 277-0107
ralexander@zaner.com
Zaner Group
Subscribe FREE to Zaner Group’s Daily Research Newsletter.
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.