Crude Oil
Light sweet crude market gapped lower at the open on Friday, but found enough support in the region of $84 to form a positive candle after bouncing. Because of this, it looks as if the market is going to try to give a bit of a chance for the buyers to take control in the short-term, but most certainly we feel that this market is very negative, and there is a massive amount of resistance closer to the $90 handle. Quite frankly, we feel that the market probably won’t even get that high in order to test that area, and we are willing to start selling at the first signs of significant resistance or trouble. The market could very easily go down to the $80 handle, which of course is our longer-term target. It is a nice large psychologically significant number, so to see buyers enter the market in that area would not be too surprising to us.
－ 就是说接近90逃命或捅破84赶紧止损
Natural Gas
The natural gas markets did almost nothing during the session on Friday, as we continue to bounce along the bottom of the larger consolidation area. The $3.80 level of course has been supportive on this latest consolidation region, and as a result we feel that the market could very well bounce from here and head back towards the $4.10 level. We believe that until the market breaks out of this consolidation area, that’s simply all you can do: play the range back and forth. If we do break down below the $3.80 level though, we could very easily see this market breakdown to be $3.60 level, and then possibly the $3.50 level.
On the other side of the equation, we could see a break out above the $4.20 level with enough bullish momentum comes into play, and as a result we would be very bullish. We think that point time, the market would more than likely head to the $4.50 handle, an area that handles a significant amount of noise and resistance in it. That being the case, the market would be short-term bullish, but would probably continue to have overly bearish pressure in it from the longer-term perspective. We believe that a move down to the $3.50 level could be a longer-term bottom though, as there certainly would be value prospecting going on in that general area, and ultimately we feel that longer-term trades could be taken down in that area. The market certainly has a massive amount of bearish pressure in it, mainly because of the supply and demand equation.
After all, North America has an overabundance of natural gas deposits and it, so having said that we feel that no matter what happens we are looking to sell over and over again. Even if we do get that longer-term bounce from the $3.50 level, it will certainly run its course as we continue to have a massive glut in supply. Ultimately, we could go much lower than that, but we anticipate that the $3.50 level could be supportive for several months, meaning that the longer-term traders will continue to sell natural gas, but also recognize that there will be opportunities to the upside after serious breakdowns.
－就是说破3.8止损，获利可以4.1，贪一点可以等4.2。但长期看会降到3.5
Gold
The gold markets did very little during the course of the session on Friday, showing the $1220 level to be a bit supportive. After all, there is a gap there, and it seems as if the market will continue to respect that area as support. Alternately, if we can break down below the $1210 level, we feel that the market would then break down below the $1200 level, and then perhaps head as low as $1000 given enough time. We are most certainly in a downtrend at this point in time, and as a result we need to see a move above the $1250 level in order to start buying as the downward pressure is so strong.
－就是说金价要么在1220附近徘徊要么向下冲破1210直奔1000
Light sweet crude market gapped lower at the open on Friday, but found enough support in the region of $84 to form a positive candle after bouncing. Because of this, it looks as if the market is going to try to give a bit of a chance for the buyers to take control in the short-term, but most certainly we feel that this market is very negative, and there is a massive amount of resistance closer to the $90 handle. Quite frankly, we feel that the market probably won’t even get that high in order to test that area, and we are willing to start selling at the first signs of significant resistance or trouble. The market could very easily go down to the $80 handle, which of course is our longer-term target. It is a nice large psychologically significant number, so to see buyers enter the market in that area would not be too surprising to us.
－ 就是说接近90逃命或捅破84赶紧止损
Natural Gas
The natural gas markets did almost nothing during the session on Friday, as we continue to bounce along the bottom of the larger consolidation area. The $3.80 level of course has been supportive on this latest consolidation region, and as a result we feel that the market could very well bounce from here and head back towards the $4.10 level. We believe that until the market breaks out of this consolidation area, that’s simply all you can do: play the range back and forth. If we do break down below the $3.80 level though, we could very easily see this market breakdown to be $3.60 level, and then possibly the $3.50 level.
On the other side of the equation, we could see a break out above the $4.20 level with enough bullish momentum comes into play, and as a result we would be very bullish. We think that point time, the market would more than likely head to the $4.50 handle, an area that handles a significant amount of noise and resistance in it. That being the case, the market would be short-term bullish, but would probably continue to have overly bearish pressure in it from the longer-term perspective. We believe that a move down to the $3.50 level could be a longer-term bottom though, as there certainly would be value prospecting going on in that general area, and ultimately we feel that longer-term trades could be taken down in that area. The market certainly has a massive amount of bearish pressure in it, mainly because of the supply and demand equation.
After all, North America has an overabundance of natural gas deposits and it, so having said that we feel that no matter what happens we are looking to sell over and over again. Even if we do get that longer-term bounce from the $3.50 level, it will certainly run its course as we continue to have a massive glut in supply. Ultimately, we could go much lower than that, but we anticipate that the $3.50 level could be supportive for several months, meaning that the longer-term traders will continue to sell natural gas, but also recognize that there will be opportunities to the upside after serious breakdowns.
－就是说破3.8止损，获利可以4.1，贪一点可以等4.2。但长期看会降到3.5
Gold
The gold markets did very little during the course of the session on Friday, showing the $1220 level to be a bit supportive. After all, there is a gap there, and it seems as if the market will continue to respect that area as support. Alternately, if we can break down below the $1210 level, we feel that the market would then break down below the $1200 level, and then perhaps head as low as $1000 given enough time. We are most certainly in a downtrend at this point in time, and as a result we need to see a move above the $1250 level in order to start buying as the downward pressure is so strong.
－就是说金价要么在1220附近徘徊要么向下冲破1210直奔1000
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
