Monthly Archives: October 2014

Silver … Where’s Support?

Silver futures (symbol: SI) have broken down through critical support at the $18.185/oz level. This follows a ‘false breakout’ in Jun14, resulting in the creation of another new major downtrend line. So where does the next major level of support exist?

Posted in Copper, Gold, Metals, Platinum, Silver, Uncategorized Tagged with: , , , ,

Crude Oil … Testing $75-80 Zone

Crude Oil futures (symbol: CL) have traded in the $75-115/bbl range since Oct10. Recent price action is aggressively heading for a test of the $75-80/bbl major support level, a very significant band of support. We continue to believe crude oil is in

Posted in Crude Oil, Energy, Natural Gas, NY Harbor ULSD, RBOB Gasoline, Renewables, Uncategorized Tagged with: , , , ,