Commodity Prices

Gold •332 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,054.90	-24.50	-2.27%
WTI Crude •24 hours	60.79	-0.15	-0.25%
Gasoline •24 hours	2.015	-0.022	-1.08%
Ethanol •332 days	2.161	+0.000	+0.00%
Silver •332 days	30.82	+1.16	+3.92%

Silver • 332 days	30.82	+1.16	+3.92%
Copper • 332 days	4.530	+0.111	+2.51%
Brent Crude • 23 hours	62.78	-0.57	-0.90%
Natural Gas • 24 hours	3.447	-0.075	-2.13%
Heating Oil • 24 hours	2.005	-0.029	-1.42%

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Crude Oil - Collapsing

By - May 05, 2017, 5:56 AM CDT

Crude oil has broken key support given at 47.01 (22/01/2017 low). The road is wide-open towards support given at 42.20 (14/11/2017 low).

In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness are very likely. Strong support lies at 24.82 (13/11/2002) while resistance can now be found at 55.24 (03/01/2017 high).

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