Market is clearly over-bought! 1D, 4H, 1H and 30MIN graphs all show clear signs of short opportunity. Coffee futures experience head and shoulders patterns and the next move is clearly downward. RSI and CCI have values of 66.8725 and 184.6364 which clearly indicates SHORT pattern. Stoch RSI is 98.6 way over 80% mark which means over-bought market with no other...
The reason why we feel CRUDE may Rise. * On weekly basis it has just started moving up * To Rise and come near 39.57 levels * Stoch RSI (3,3,14,Close) is Rising. * RSI (14,CLOSE) is Rising. * CCI (20,CLOSE) is Sinking.. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above...
Welp, Hank Hill would love this. Propane is no longer suffering through the warehousing problems that it did last year and much of the country has been experiencing a more milder winter than is usually experienced. Proprane is seeing a decline, as it is a byproduct of both crude oil and natural gas production, and prices of both of these commodities are low at...