Articles in the Commodities Category
Commodities, Gold, Headline »
Daily charts of Gold Charts(Dollar Denominated shows that Ichimoku Cloud resistance near 1225-1245 zone.
Outlook for the Gold looks trending downwards in medium term.
Commodities »
Gold Hourly Signal reversed from Sell signal to buy signal with Ichimoku hourly resistance near 18616
Commodities, Ichimoku Cloud »
Chart shown is ichimoku weekly chart of silver. Immediately you can recognise that silver is very closely trading below the ichimoku resistance zone. Traders can initate shorts in silver with positional trading stop loss of $17.80
Baltic Dry Index, Commodities, Crude, GANN FAN, Nifty Technicals »
Baltic Dry Index is Melting…..Crude is Sinking…..Commodities are dragging down…..Yen is Sinking……Dollar…. It is still a mystery
Iam really tired of Watching All these things…. I thought these could be the external factors that could affect nifty…. I confused myself and so the decisions here. External Factors doesnt help you if are an fine tuned nifty trader.
It not the economy make the stock market tumble…. Its the Excess Greed Makes the market tumble. Still Now Nifty is not in the mood to crack its supports right from 4350. As …
Commodities, Crude, Gold »
Gold / Oil ratio refers to how much crude oil can be bought with one ounce of Gold. With gold at $1000 per ounce and oil at $66 per barrel, the Gold/Oil ratio is at 15.15. The average for the last 40 years has been around 15.
The gold-oil ratio identifies:
- Buying opportunities (for gold) when the gold-oil ratio turns up at/below 10 barrels/ounce; and – Selling opportunities when the gold-oil ratio turns down at/above 20 barrels/ounce.
Gold-Oil ratio had peaked to 26 during mid of Februray 2009 which shows …
Commodities, Crude »
Crude strongly resisted near 200 day Weekly EMA. After Resisting near 74$ it shows strong move towards
$68 and showing negative divergence pattern in daily charts.
By Applying 13,34,55 EMA Principle we could find that crude is trade below all the three major EMA zone
13 EMA – 69.98
34 EMA – 69.54
55 EMA – 68.14
So $68-70 could be a possible resistance band. If any immediate reversal to take place then possibly
this zone will act as a immediate resistance zone
Source:
www.marketcalls.in
Baltic Dry Index, Commodities, Crude, GANN FAN, Nifty Technicals, Reliance, TRIN »
Everything remains the same
— Reliance Lags Nifty
— Nifty Wintess 3 Week Top Formation in Weekly Charts
— Trin is above 1
— FII's Remain Netsellers
— Dollar Bottomed Out in short term along formation with bullish divergence in charts
– GANN Tussle between bullish and bearish lines from the GANN Charts
– GANN Supports near 4500 and near 4220-4240.
– Baltic Dry Index down more than 40% since June 2009
– Crude at criitcal resistance trading near 200 Week Moving Average along with bearish divergence in charts
– Montly Support near 4220( 5 EMA montly)
– Weekly Resistance near …
Commodities, Crude »
Crude once again near 200 Week Moving avergage with bearish negative divergence on daily charts
Source:
www.marketcalls.in
Commodities, Crude, Gold »
Charts of USD Dollar Index shows a Basic 5 wave elliot corrective structure ending with strong Positive momentum
Divergence which is clearly visible in MACD as the index is making lower values MACD trend to move higher.
Possibly the shorter term trend could change followed by lower crude,gold and stock asset prices.
Source:
www.marketcalls.in
Commodities, Crude »
Just a simple chart to look out. Crude Weekly Chart shows that it is facing a massive Resistance
near 200 Week Moving Average i.e around 74-75$ Zone. And RSI-5 indicates weakening of strength
in the crude.
Source:
www.marketcalls.in
