Sat, Apr 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Trading more

Bespoke’s commodity snapshot

Posted on 05 May 2011

Below we highlight our trading range charts of ten major commodities. For each chart, the green shading represents between two standard deviations above and below the commodity’s 50-day moving average. Moves above or below the green zone are considered significanly overbought or oversold.

The big commodity move so far this week has been in the silver market, where the metal has fallen from $50 to $40 over the past three days. As shown in its trading range chart, silver is still closer to the top end of its range than the bottom, which highlights just how overbought silver had gotten……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930