Over the past three months, August gold has been rotating within a balance range of 11700 to 12250. During that time, the market has made several extreme moves in both directions, however, a… more
Joseph Souhlakis
From the middle of March until the end of April, June natural gas held a steady decline from about 290.0 down to below 250.0. However, over the last ten days, much of that decline has been… more
Over the past month, June gold has been trading within a 11822-to-12245 balance range. However, over the past two weeks, the daily ranges have been getting pinched smaller and smaller, forming a… more
Over the past three weeks, May crude oil has been trading within a 4714-to-5407 balance range. However, over the past five days, the daily ranges have been gradually shrinking, essentially getting… more
During the last few weeks, the April/May RBOB calendar spread has formed a rotational range of -78 to +99. However, over the past seven trading days, the trading range has shrunk to 0 to +55. A 55… more
Over the past three weeks, April crude oil found a rotational balance range of 4867-to-5505, traveling from the bottom to the top and back to the bottom of that range a few times. However, three… more
For eight straight trading days, March natural gas has been contained within a 2665-to-2896 rotational balance range. On Friday, February 20, 2015, the market gapped open higher, above the 2896… more
Over the past four months, crude oil has declined about $50. However, during the past fourteen trading days, March crude oil had been rotating within a 4538-to-5078 balance range. On Friday,… more
Over the past two months, February gold has been rotating within a 11469-to-12390 balance range. However, over the past four trading days, gold was confined to a relatively tight 12054-to-12233… more
Over the last thirty trading days, the February/April natural gas spread has come off sharply about 800 points, leaving several gaps along the way. A few weeks ago, after the spread fell about 500… more