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Articles tagged with: retracement level

Stock Market and Commodities Commentary For Tuesday Evening Oct. 26th
10/26/2010 – 5:05 pm PDT | No Comment

The S&P 500 index closed lower due to profit taking on Tuesday as it consolidates some of Monday’s rally but remains above the 87% retracement level of the April-July decline crossing at 1178.21. The high …

Stock Market and Commodities Commentary For Monday Evening Oct. 25th
10/25/2010 – 2:00 pm PDT | No Comment

The December S&P 500 index closed higher on Monday and above the 87% retracement level of the April-July decline crossing at 1178.21. The low range close sets the stage for a steady to higher opening …

Crude Oil Daily Technical Outlook For Tuesday Morning Oct. 19th
10/19/2010 – 6:10 am PDT | No Comment

Crude oil was slightly lower overnight as it extends the trading range of the past two weeks. Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near term.
Closes …

Crude Oil Technical Outlook For Monday Morning Oct. 18th
10/18/2010 – 6:20 am PDT | Comments Off

Crude oil was slightly lower overnight as it extends last week’s decline below the 10 day moving average crossing at 82.96. Stochastics and the RSI are overbought, diverging and are turning bearish signaling that additional …

Stock Market and Commodities Commentary For Friday Evening Oct. 15th
10/15/2010 – 2:10 pm PDT | Comments Off

The S&P 500 index closed lower due to profit taking on Friday as it consolidates below the 87% retracement level of the April-July decline crossing at 1178.21. The mid range close sets the stage for …

Crude Oil Technical Outlook For Friday Morning Oct. 15th
10/15/2010 – 6:40 am PDT | Comments Off

Crude oil was slightly lower overnight as it extends Thursday’s decline but remains above the 10 day moving average crossing at 83.13. At the same time, stochastics and the RSI are overbought, diverging but are …

Stock Market and Commodities Commentary For Thursday Evening Oct. 14th
10/14/2010 – 2:45 pm PDT | Comments Off
Stock Market and Commodities Commentary For Thursday Evening Oct. 14th

The S&P 500 index closed lower due to profit taking on Thursday as it consolidates below the 87% retracement level of the April-July decline crossing at 1178.21. The mid range close sets the stage for …

Crude Oil Daily Technical Outlook For Thursday Morning Oct. 14th
10/14/2010 – 6:10 am PDT | Comments Off

Crude oil was higher overnight and appears poised to renew the rally off August’s low. At the same time, stochastics and the RSI are overbought but are turning neutral to bullish signaling that additional short …

Crude Oil Technical Outlook For Wednesday Morning Oct. 13th
10/13/2010 – 5:55 am PDT | Comments Off

Crude oil was higher overnight and appears poised to renew the rally off August’s low. At the same time, stochastics and the RSI are overbought and are turning bearish signaling that a short term top …

Crude Oil Technical Outlook For Tuesday Morning Oct. 12th
10/12/2010 – 6:10 am PDT | Comments Off

Crude oil was lower due to profit taking overnight as it consolidates some of the rally off August’s low. Stochastics and the RSI are overbought and are turning bearish signaling that a short term top …