Fri, May 22, 2015
A A A
Welcome preal121
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 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31