Futures Market Energy And Metal Review

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Since changes from this market can cause changes in others, as traders, we need to keep up with all of the interactive markets to plan our trading. However, I cannot share all the information on all the markets here, this week we will stop by Energy and Metal trading platform to see how they work and spend time with others later.

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Futures Market Energy And Metal Review

  1. 1. Reviews on Energies and Metals Market Since changes from this market can cause changes in others, changes from currency exchange can lead to changes in energies and metals market or vice versa…, as traders, we need to keep up with all of the interactive markets to plan our trading. However, I cannot share all the information on all the markets here, this week we will stop by Energy and Metal trading platform to see how they work and spend time with others later.
  2. 2. First of all, we will knock at the energy market door. About Crude Oil, it had a whipsaw like week that saw the flatprice move between $85 and $88.50 as Mubarak was playing musical chairs with his presidency, sparking rallies and sell offs alike.
  3. 3. March crude only has a few days left to trade. It is below $85.50 but most everything else in the space is up as the contango steepens in the WTI spreads. While H/J crude is now below -30 and looks to continue to slide here as some have suggested a test below -400 by the end of expiry.
  4. 4. To predict the market, the April/May is also very weak as this is below -340 and is believed this spread will reach new lows. According to expert, the back end of the curve from June out is a buy this week as the contango appears too powerful in the front to try and get long there. Look for a hold of $84.50 in March as the week closes out.
  5. 5. How about Natural Gas? It has had a bad losing streak as March Natty is now below $4.00 with the oversupply this market has. Prices are in an area that appears oversold and it could be picked up just on technical support right now as predicted.
  6. 6. Look for long opportunities in the April contract somewhere between $3.96 and $3.90 as Natural Gas could once again test the $4.00 mark. It still have time to make a careful plan for the coming week. And now, we will turn to metals market .
  7. 7. Traders had a nice week since precious metals had moved higher on the Egyptian departure of Mubarak as Gold rallied to just under $1,370 before giving back some gains to $1,360. And the same as Silver, it still looks to be the way to play here as it reached over $30 last week before it too gave back some gains.
  8. 8. I like these metals for the long term and also the short term in the next few weeks so I look for opportunities on any dip here. Before we turn to Copper market, just think of the your trading plan.
  9. 9. Copper has repelled from the $4.65 high and is now below $4.60 as this market has seen a bit of profit taking. To end of the tour around metals market, we will collect some information from our expert - Mr. Daniel Cronin’s words.
  10. 10. “ I do not like the copper price up here and would be a seller as prices are still too high I believe. I'm looking ore for a $4.20- $4.30 area to get back in as I believe it is overbought up at these levels.”
  11. 11. Trading in futures and options . involves a substantial degree of a risk of loss and is not suitable for all investors. Past performance is not indicative of future results.

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