Crude Oil Analysis for the Week of December 26, 2011
Technically, the main trend on the weekly chart remains up although momentum was clearly beginning to shift to the downside after 4 weeks of consolidation. Even the penetration of a key 50 percent price level at $ 95.15 as well as an uptrending Gann …
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Natural Gas Analysis for the Week of January 2, 2012
Until this chart pattern takes place, one has to conclude that the down trend is going to continue. Technically, this natural gas contract is walking down a pair of steep downtrending Gann angles at $ 2.9300 and $ 3.0380. Last week's close at $ 2.989 …
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