Commodity Prices

Gold •704 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,797.90	-102.00	-5.37%
WTI Crude •1 day	90.54	-2.50	-2.69%
Gasoline •1 day	3.046	+0.008	+0.25%
Ethanol •704 days	2.161	+0.000	+0.00%
Silver •704 days	30.82	+1.16	+3.92%

Silver • 704 days	30.82	+1.16	+3.92%
Copper • 704 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	93.09	-1.94	-2.04%
Natural Gas • 1 day	3.229	-0.107	-3.21%
Heating Oil • 1 day	3.587	-0.086	-2.35%

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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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