This morning while scanning the Newsflashr Business Feeds section, I noticed that virtually every major news organization was reporting on Crude Oil prices breaching $130 per barrel for the first time. Most of the headlines were of this variety: “Crude Surges Above $130 on Supply Concern” – Fox Business “Oil Tops $130 for First Time”…
Crude Oil tapped above $124 intraday today, marking yet another new record high for the crucial commodity. Is there a potential way to analyze and trade this development with Market Club’s Trade Triangle Technology? Adam Hewison today released a new brief info-movie for your benefit. I thought it was funny that he described crude oil…
Do you know where commodities have been lately? Does it matter to the market? Let’s take a look at a few select commodity indexes to see the new highs made on some of these indexes today. First, the Goldman Sachs Commodity Index: Notice the extreme price movement that created the surge which took this index…
For the first time in the contract’s life, Crude Oil prices have closed above $110 per barrel. Price has completed a consolidation pattern, and this is the critical level which will determine if price remains above this consolidation ‘value’ zone, or if it has built a sufficient base to trade higher and seek value at…