Futures Traders: Get FREE daily videos covering today's hottest market
Twenty-five-year commodity market veteran Jim Prince is an expert in the principles of technical trading. Each day Jim reviews the biggest moves in the commodity markets, identifying formations and planking trading strategies. And now, in his free Daily Alert, Jim will share with you his hot pick of the day with an exclusive 3-5 minute video.
With each Daily Alert video Jim reviews first-hand his featured chart of the day, discusses trading strategy, and highlights possible entry and exit points.
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Sep crude oil is down -0.63 (-1.31%) and Sep gasoline is down -0.0120 (-0.67%) on concern about the plunge in Chinese stocks and weaker Chinese energy demand. Friday's closes: CLU5 -0.31 (-0.64%), RBU5 -0.0257 (-1.42%). Sep crude oil and gasoline on Friday closed lower with Sep crude at a 3-3/4 month low and Sep gasoline at a 3-1/2 month low on a stronger dollar and global demand concerns after the Chinese manufacturing PMI fell to a 15-month low and the Eurozone Jul Markit manufacturing PMI unexpectedly declined.