Even though Monday’s highs are lost, the bullish scenario is still prevailing in CL, on a chart analysis basis only, as we are still above a trendline resistance on the daily.
CL – daily candles
chart: investing.com
Please read the Disclaimer!
Natural gas (Sep 20 preview)
Around 2.70 is the resistance level, that if exceeded, will confirm a “V” formation on the daily, with very bullish long-term implications for NG.
NG – daily candles
chart: investing.com
Please read the Disclaimer!
Silver (Sep 20 preview)
Getting above the (anyway demanding) upward channel and now falling below, all this volatility increase, may be signalling the best is over for now in silver.
Silver – daily candles
chart: investing.com
Please read the Disclaimer!
