Wednesday, 24 February 2016

Natural Gas and Crude Oil Report of Commodity Market

Daily Commodity Updates On

Crude Oil. It suggests that prices re taking resistance near 2350-2365 zone. Prices are expected to retest lower bollinger band levels. Momentum indicator RSI is suggesting bearish trend.

Natural gas. It suggest that prices are making lower highs and lows. However, it is expected to bottomout in the near term. On the flip side, it has immediate support is located at 122.60 levels.

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