Commodity Prices

Gold •346 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,211.90	-63.20	-4.96%
WTI Crude •1 day	72.98	+4.94	+7.26%
Gasoline •1 day	2.228	+0.085	+3.95%
Ethanol •346 days	2.161	+0.000	+0.00%
Silver •346 days	30.82	+1.16	+3.92%

Silver • 346 days	30.82	+1.16	+3.92%
Copper • 346 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	74.23	+4.87	+7.02%
Natural Gas • 1 day	3.581	+0.089	+2.55%
Heating Oil • 1 day	2.359	+0.170	+7.77%

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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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