Commodity Technical Analysis: Crude Drops to Lowest Since Mid July

RELATED QUOTES

SymbolPriceChange
^USDOLLAR12,392.04+41.25

Daily Bars

Commodity_Technical_Analysis_Crude_Drops_to_Lowest_Since_Mid_July_body_crude.png, Commodity Technical Analysis: Crude Drops to Lowest Since Mid July

Chart Prepared by Jamie Saettele, CMT

Commodity Observations: Crude completely erased Tuesday’s losses. The emotional nature of the market in recent days is consistent with exhaustion however. Watch 8363 and the 100% extension just above 80 for market reactions.

Commodity Trading Strategy Implications: Nothing right now.

LEVELS: 8073 8209 8363 8550 8740 8919

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.172+0.007+4.24%
    N21.SI
    0.97-0.02-2.51%
    G13.SI
    0.860.00-0.58%
    Y92.SI
    0.380.00+1.33%
    5ME.SI
    0.440.000.00%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.30+0.07+30.43%
    BLZ.SI
    0.42+0.04+10.53%
    BEH.SI
    0.31+0.03+8.77%
    42C.SI
    0.42+0.03+7.69%
    BDF.SI
    0.186+0.011+6.29%
    F86.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.149-0.011-6.87%
    M11.SI
    0.595-0.025-4.03%
    BEV.SI
    0.735-0.025-3.29%
    BCX.SI
    0.19-0.01-3.06%
    NR7.SI
    0.97-0.02-2.51%
    G13.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4245+0.0005+0.04%
    USDSGD=X
    1.5102-0.0007-0.05%
    EURSGD=X
    1.7933+0.0036+0.20%
    GBPSGD=X
    80.3080+0.185+0.23%
    SGDJPY=X
    5.4448+0.0021+0.04%
    SGDHKD=X
    3.1052-0.0003-0.01%
    SGDMYR=X
    9,392.4072+58.5557+0.63%
    SGDIDR=X
    4.8427+0.013+0.27%
    SGDCNY=X
    1.0620+0.0009+0.08%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,166.40-3.40-0.29%
    GCZ16.CMX
    17.01-0.01-0.09%
    SIZ16.CMX
    82.57-0.01-0.01%
    ^XAU
    2.64+0.02+0.78%
    HGZ16.CMX
    50.91+0.07+0.14%
    CLF17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.82+0.02
    ^FVX
    2.39+0.04
    ^TNX
    3.09+0.06
    ^TYX