Skip to main content Skip to main navigation

Total Trader

  • Home
  • Brokers
  • Trading Platforms
  • Stocks
  • ETFs
  • CFDs
  • Forex
  • Futures
  • Open an Account
  • Support
  • News
  • About Total Trader
  • Contact

Commodity Trading Range Charts

By Total Trader | Published: 11 October 2010

Below we highlight our trading range charts of ten major commodities. Most but not all have been on strong runs higher lately. In the charts below, the green shading represents between two standard deviations above and below the 50-day moving average. Moves above or below the green zone are considered overbought or oversold. As shown, the two most widely followed commodities — oil and gold — are both trading outside of their trading ranges into extreme overbought territory. Silver, platinum, and copper are all at overbought levels as well. Wheat has pulled back to the bottom of its trading range recently, while coffee and orange juice have been heading lower as well. Corn pulled back from overbought territory a couple weeks ago, but it has bounced back some. Finally, natural gas remains in an epic downtrend.



Source: www.bespokeinvest.com

Related Posts:

  1. Global Trading Range Charts
  2. Bespoke’s Commodity Snapshot
  3. Bespoke’s Commodity Snapshot
  4. Bespoke’s Commodity Snapshot
  5. Bespoke’s Commodity Snapshot
  6. Bespoke’s Commodity Snapshot
  7. Intel (INTC) Breaks Out of Multi-Year Trading Range

This entry was posted in General and tagged Charts, Coffee, Commodity, Copper, Corn, Gold, Natural Gas, Oil, Orange Juice, Platinum, Silver, ten major commodities, Trading, Trading Ranges, Wheat. Bookmark the permalink. Both comments and trackbacks are currently closed.
« CNBC Squawkbox Europe – 3 Oct 2010
VIX Sees Huge Drop »
  • Recent News

    • Nikkei 225 Possible Break Out
    • S&P 500 Closes Above 2000 for First Time
    • Best & Worst Traders of All Time
    • The Economist: The Worlds Most Expensive Cities To Live (And Likely To Travel As Well)
    • 10 Good Value Investing Blogs
    • FundSeeder.com – Market Wizards Next Book
    • House Of Cards – Series
    • Bitcoin
    • RAPA – Leading 5 Traders and their Allocation’s
    • USA Population Distribution
  • Disclaimer
  • Privacy Policy
  • News RSS
  • Feedburner RSS
  • Newsletter RSS
  • Podcast Feed
  • Twitter RSS
TotalTrader is proudly powered by Wordpress