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14 search results for: brent crude oil

11

GLOBAL EQUITY MARKETS – September 8, 2018

REVIEW Strength in U.S. equities alone was not enough to push the iShares MSCI All Country World Index ETF (ACWI.O) out of its 6 month-long consolidation range. Few days of price action above the chart pattern boundary at 73.9 levels failed to materialize into a strong directional movement. The ETF continues to remain in a […]

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GLOBAL EQUITY MARKETS – February 18, 2017

Energy prices are due for a strong directional movement after volatility reached extreme low levels. 2 month-long tight consolidation should end soon, possibly resulting in a sharp price movement. After breaking above 51.95 resistance, Brent Crude Oil entered in to a short-term sideways consolidation. Last 2 month’s price action remained range bound between 52.50 and […]

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ENERGY and EQUITIES

WTI CRUDE OIL and BRENT CRUDE OIL prices are developing bullish chart patterns. Year-long inverse H&S chart patterns are close to completion. Both WTI Crude and Brent Crude are challenging their necklines. For Brent Crude oil the year-long horizontal resistance stands at $52 levels. For WTI, the neckline stands at $50 levels. Breakout above the strong resistances can […]

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COMMODITIES

Commodities are divided into 6 different categories. Energy, Metals, Food & Fiber, Grains,  Livestock and Wood & Fiber. Tech Charts will cover the specific commodities in each category below. ENERGY METALS FOOD & FIBER GRAINS NO2 HEATING OIL   GOLD   COCOA   CORN   NATURAL GAS   SILVER   COFFEE   OATS   WTI […]