| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 2.3849 +4.31% on 03/16/23 | | 2.8055 -11.33% on 03/03/23 | -0.2073 (-7.69%) since 02/27/23 |
| 3-Month | 2.3849 +4.31% on 03/16/23 | | 3.0560 -18.60% on 01/24/23 | -0.4680 (-15.83%) since 12/27/22 |
| 52-Week | 2.3849 +4.31% on 03/16/23 | | 3.4345 -27.57% on 06/09/22 | -0.3140 (-11.21%) since 03/25/22 |
The downtrend may be expected to continue, while market is trading below resistance level 74,05, which will be followed by reaching support level 64,36.
If you missed last week’s No Bull (Part One of Goin’ Green ), I outlined the cause of what I would call the largest fundamental shift in fuel demand in modern times, thanks to California. California’s...
May WTI crude oil (CLK23 ) on Friday closed down -0.70 (-1.00%), and May RBOB gasoline (RBJ23 ) closed down -1.23 (-0.48%). Crude oil and gasoline prices Friday closed moderately lower due to ongoing...
April Nymex natural gas (NGJ23 ) on Friday closed up +0.062 (+2.88%). Apr nat-gas Friday posted moderate gains on expectations for colder U.S temperatures to boost heating demand for nat-gas. Forecaster...
May WTI crude oil (CLK23 ) this morning is down -1.58 (-2.26%), and May RBOB gasoline (RBJ23 ) is down -3.32 (-1.29%). April Nymex natural gas (NGJ23 ) is up +0.046 (+2.14%). Crude oil and gasoline prices...
Energy Secretary Jennifer Granholm helped sink oil by saying that it might take years to refill the Strategic Petroleum Reserve. That, along with renewed banking crisis fears now surrounding Deutsch Bank,...
Yesterday we suggested an Upside Day and the markets didn't disappoint. What will we see today?
April Nymex natural gas (NGJ23 ) on Thursday closed down -0.017 (-0.78%). Apr nat-gas Thursday gave up an early advance and settled moderately lower. Robust nat-gas supplies are undercutting prices, with...
May WTI crude oil (CLK23 ) on Thursday closed down -0.94 (-1.33%), and May RBOB gasoline (RBJ23 ) closed up +1.27 (+0.49%). Crude oil and gasoline prices Thursday fell back from 1-week highs and settled...
Is crude oil trying to find support after that drop out of a triangle? Recovery will send USDNOK lower, especially with lower US yields.
The Barchart Trading Guide is a Sell Signal with a Maximum Signal Strength.
| 3rd Resistance Point | 2.6280 |
| 2nd Resistance Point | 2.5765 |
| 1st Resistance Point | 2.5345 |
| Last Price | 2.4876 |
| 1st Support Level | 2.4410 |
| 2nd Support Level | 2.3895 |
| 3rd Support Level | 2.3475 |
| 52-Week High | 3.4345 |
| Fibonacci 61.8% | 3.0336 |
| Fibonacci 50% | 2.9097 |
| Fibonacci 38.2% | 2.7858 |
| Last Price | 2.4876 |
| 52-Week Low | 2.3849 |
