The Energies Pit Review for The Week of July 19th, 2010

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It’s necessary to keep up with the futures markets when we want to earn from them. Whenever you care, just check out the market reviews for help. To start, let’s stop by to check the energies market this week with

The Energies Pit Review

By PitGuru Daniel Cronin

Crude Oil was mixed last week as the August flatprice rallied above $78.00 at one point after the EIA reported Oil inventories dipped by 5 million barrels but fell off to $76 as the market sold off hard Friday. There are some things to like about the energy market here though as for one, the Euro/USD has rallied considerably to over $1.30 at the end of the week as shorts get squeezed out in this market. A rallying Euro and falling USD usually spell higher prices for Crude, and that is what is happening here. Another factor is the strength in the WTI spreads as crude inventory levels come down from their highs with Aug/Sep traded -38 and Sep/Oct traded -41. The three month “roll” which is Aug/Nov traded closer to the -1.30 level as it inched higher to -1.00. The third factor is the rally in the arbs (Brent vs. WTI) as the Sep arb broke through to new highs above +1.10. All of these factors point to a higher crude price so for now I would be a buyer on the dips with great support in the August contract at $75.30 and $74.40. I do see a top however at $80 and do not expect prices to raise above this level just yet.

Natural Gas had a very nice bounce after falling below the support of $4.40 to $4.25 only to trade higher at the end of the week to $4.65 as inventory numbers surprised traders. For now this range still looks to be intact with a high of $4.85 and a new low of $4.25. The only thing I may worry about is that this market has made a new low, not a new high.

For extra help, check out the daily futures prices for your business!

Help in Futures Crude Oil Trading

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Whenever you care!
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Just a little fun for the busy life. Sometimes we just need such a small happiness to make things easy, right? Ok, be back to our topic. Talk about crude oil trading, if you care, you might note that futures crude oil is among the most popular and widely watched futures markets. Everyday people keep talking about crude oil prices on television shows, in newspapers or magazines. Futures for crude oil trade on more than one exchange and are available nearly twenty-four hours a day. Such the channels are watched widely by speculators, hedgers, and the general public since petroleum products can affect nearly every facet of life. By that frequency, you can easy imagine how important futures crude oil trading plays role in our lives. However, we cannot negate the fact that crude oil trading involves a substantial risk of loss and is not suitable for everyone. Nothing is easy to earn, our job is trying to learn to understand more about the market to be wise to solve problems we face. “Do not trade without a good understanding of the markets!”. Open help by Futurescrude!

Learn about Commodities Futures Trading: What Are Commodities and More

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Commodities are not only essential to life, but they are absolutely necessary for quality of life”, this is what commodity trading is considered in expert’s eyes. That’s the point and I agree with the opinion. Though we are facing with the global economy crisis, trading commodity still keeps stable role in country income. But to be successful or to have a high position in floor traders still remains as big questions to everyone who has interest in commodity trading systems. It’s necessary to learn very basic investing tips. To step the first steps in commodities futures trading markets, firstly he needs to know what are commodities for the basic and then more. You know, futures trading is commodity trading, and commodities are soft, grain, financial, etc. However, trading is not such simple as these answers. And to understand clearly about the field, we need to take time and learn more from experts. Discover supporting sources and open the world of knowledge. One more time, do you want to know how to do investing commodity? Let Commodities Future Trading share with you the tips and necessary information on the markets. Just learn and be a profitable trader! Own a quality life!

Futures Publishing Company Gives Commodity Marketing Service, Futures Magazines, Books and Newsletters for Your Trade

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