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Oil Weakness May Intensify
Oil sluggishness may risk turning into a faster selloff, especially as the fuel fails to gain on recent USD losses.
To hell w/ the terminals, try:
http://www.crbtrader.com/data.asp
This will give you every asset class traded under the sun - pork bellies, orange juice, oil, gold, indices, cotton, currencies... ... ...
Under 'Energies', click on Crude Oil & you'll see contracts extending to Dec '18. At the end of each contract, you'll see Q, C, O, T (click 'C' for chart). Alternatively, at the toppish left of the page, click 'Custom Charts' & play around.
CRB has been bookmarked on my browser for over five years now. It is the home of the CRB Index - the world most famous commodity price index! No, it's a damn Bible of commodities!
Try it out & let me know what you think...
Asad
i just realized i pressed the wrong number
it was SHORTAT 82.77 77 remains the same!!
soon u can call a bottom on dow jones and oil
black on white , yes
i just check on a two day chart but i had memorized royghly the pattern before 83 level
by the way asad except reuters and bloomberg terminal where can i find a long term to short term tool that gives oil charts.
thxs
Did I read 'short oil at 92.77'? Huh?!
Asad
short oil when at 92.77
As it looks Oil is going down , Are you still bullish and expect 87-89 ?
Thanks
raj, thats a nice chart but im afraid it will have to regain that 0.75 double top. I wasnt at all enthusiastic for the AUD and NZD this week at all.
Ashraf
as per the chart (if at all this is right presentation)...can we expect some more upward move in NZDUSD?Though last time after breaking the base and gave a daily closing below baseline( shown by little triangular mark) take the breath away of mine, whats the expectation of yours?Though Dollex has some support near 76.40-50 range(as per my chart),can we expect some good moment in GBPUS also?
Regards,
Rajib.