Sept 23 Market Commentary - Gold and Oil

Crude Inventories were released today and there was a build of over 2.8 million barrels insted of the decrease they were expecting of 2.25 Barrels.... you can see the reaction of the traders; needless to say a difference of 5 million barrels is still rather significant even with the falling USD



here is an up date of the daily Gold chart:


this is the chart with a 5 min bar to show the effect after the FOMC meeting, it was almost like a rocketship

Review of Natural Gas Hammer call from Sept 4th

On sept the 4th we noticed a Major Hammer in the Natural Gas commodity, from that point it has rallied by almost 30%!

we'll review what it looks like now and where it was posted as a good entry position

a major move for only 12 days....

Here's what it looked like as of this morning:

Here is where we saw the Low risk Entry opportunity:

At the Moment, i am still holding a Natural Gas long in the form of the ticker HNU but i am looking to sell some of the position very soon