Here are some of the most noteworthy new highs and lows across the markets for Friday, December 6, 2019. Consumer Staples SPDR $XLP Hitting…
Tagged $UNG
Is Natural Gas Rally About To Flame Out?
Potential price resistance is among several obstacles posing a challenge to the recent rally in Nat Gas. **Edited on 10/21/16 to update the Nat Gas…
Another Major Commodity Index Drops To 2009 Lows
Like the CRB before it, the S&P GSCI Index has dropped all the way back to its 2009 lows; will it find support there? Another…
Commodity Spotlight: Besieged CRB Index At Key Level
After a strong performance in the 1st half of the year, the Reuters-Jefferies CRB Index has been under significant pressure lately. It is down 8% in…
Commodity Spotlight: United States Natural Gas $UNG: Testing Major Support Cluster ~ 22.70
Today’s Portugal “surprise” scare served as a reminder that market catalysts often come out of the blue – or at least off the radar. While the…