_DXY and other indexes. Oil&Gold.

[MDunleavy]

Crude Oil Falls As Inventories Are Seen High And Plenty Of Supply
Analysis - Commodity Market Commentaries
Written by Finotec | Tue Apr 20 10 01:13 ET

OPEC violating production quotas at the same time as demand from industrialized nations stagnates is spurring bets in the oil market that the 13-month rally in crude is coming to an end. It's a bubble and we don't know when it's going to go bust, but it's just a question of time,' said Eugen Weinberg, a senior analyst with Commerzbank AG in Frankfurt. 'So enjoy the party but stay close to the door.' U.S. demand will drop 9.4 percent to average 18.84 million barrels a day this year, from a record 20.8 million in 2005, the Energy Department said on April 6. The U.S. uses more than twice as much crude as China, the second-biggest consumer. India is fourth. Crude oil is trading at $83.40 as of 21:25pm, London-Time, with a bearish trend. Crude's Pool-Position is 33% Long, meaning that most Finotec clients are selling the commodity.

"P&F O I L (brent) Box Size4X3 or(13.77%) CLOSE
Data 147.53 - 26.7 ~ 80 Month ~ 2450 Day
Database 1676 records 85.25 (Last Close)
2003-08-04 00~00
2010-04-19 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart

 

[MDunleavy]

Trade Idea: GOLD - Sell at 1212/1218 Target: 1182/1176 ; Stop: 1236
==================================================
Gold's pull back from 1249.7 has possibly completed at 1166 already. Intraday bias remains
mildly on the upside for 1249.7 resistance first. Break will confirm up trend resumption for
1300 psychological level next. However, note that firm break of 1170.7 will argue that whole
rise from 1044.5 is completed and will turn outlook bearish for 1124.3 support instead.

"P&F GOLD1 Box Size $0.5X4 or(0.17%) CLOSE
Data 1218.21 - 1205.91 ~ 0 Month ~ 1.63 Day
Database 2198 records 1212.59 (Last Close)
2010-05-26 17~03
2010-05-28 08~09 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"



BJF-Trading-Group_Excel_Chart

 

[MDunleavy]

Crude oil edged further higher to 82.97 last week but retreat sharply since then. A temporary top is at least formed and initial bias is neutral this week. We’d continue to seem more retreat below 82.97 first. Nevertheless, note that another rise remains in favor as long as 75.90 support holds. Above 82.97 will target 100% projection of 64.23 to 79.38 from 71.09 at 86.24 next. However, break of 75.9 will be the first signal that whole rebound from 64.23 is finished and will turn focus to 71.09 support for confirmation.The text is written by Oilngold.

"P&F O I L (brent) Box Size $1X3 or(3.71%) CLOSE
Data 91.94 - 69.75 ~ 4 Month ~ 114.67 Day
Database 2000 records 80.33 (Last Close)
2010-04-14 05~00
2010-08-06 21~00 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"

92.00|~1OO||__+___________________________________________|-0.07%|31.9%
91.00|~2OO||__x_+_________________________________________|1.02%|30.47%
90.00|~3OO||__x_o_+_______________________________________|2.11%|29.03%
89.00|~4OO||__x_o___+_____________________________________|3.2%|27.6%
88.00|~5OO||o_x_o_____+___________________________________|4.29%|26.16%
87.00|~6OO||o_x_o_______+_________________________________|5.37%|24.73%
86.00|~7OO||o_x_o_________+_______________________________|6.46%|23.3%
85.00|~8OO||o___o___________+_____________________________|7.55%|21.86%
84.00|~9OO||____o_x___________+___________________________|8.64%|20.43%
83.00|~1OOO|____o_x_o___________+_____________________+___|9.72%|19%
82.00|~11OO|____o_x_o_____________+___________________x_+_|10.81%|17.56%
81.00|~12OO|____o_x_o_______________+_________________x_o_|11.9%|16.13%
80.00|~13OO|____o___o_________________x_______________x_o_|12.99%|14.7%
79.00|~14OO|________o_________________x_o_x___________x_o_|14.07%|13.26%
78.00|~15OO|________o_________________x_o_x_o_____x___x___|15.16%|11.83%
77.00|~16OO|________o_____________x___x_o_x_o_x___x_o_x___|16.25%|10.39%
76.00|~17OO|________o_____x___x___x_o_x_o___o_x_o_x_o_x_+_|17.34%|8.96%
75.00|~18OO|________o_____x_o_x_o_x_o_x_____o_x_o_x_o_+___|18.43%|7.53%
74.00|~19OO|________o_x___x_o_x_o_x_o_x_____o_x_o___+_____|19.51%|6.09%
73.00|~2OOO|________o_x_o_x_o___o_+_o_x_____o_x___+_______|20.6%|4.66%
72.00|~21OO|________o_x_o_x_____+___o_______o_x_+_________|21.69%|3.23%
71.00|~22OO|________o___o_x___+_____________o_+___________|22.78%|1.79%
70.00|~23OO|____________o_x_+_______________+_____________|23.86%|0.36%
69.00|~24OO|____________o_+_______________________________|24.95%|-1.08%
||||||~25OO|____________+_________________________________|100%|-100%
Column||||||4_6_1_4_1_3_5_7_3_3_3_4_5_8_4_3_8_6_3_4_3_7_3_|
Count|||||||____1___3________________________________

 

[MDunleavy]

I predict bearish trend...
Trade Idea: GOLD - Sell (Stop Limit) at 1356; Target: 1296 ; Stop: 1368.
See the details on the charts.

"P&F GOLD10080 Box Size40X2 or(9.76%) HI/LO
Data 1387.03 - 251.7 ~ 233.81 Month ~ 6874 Day
Database 989 records 1358.95 (Last Close)
1991-12-29 00~00
2010-10-24 00~00 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"

1400.00|~4O|__________________________________________+_|456.22%
1360.00|~8O|__________________________________________x_|440.33%
1320.0|~120|__________________________________________x_|424.43%
1280.0|~160|______________________________________+___x_|408.54%
1240.0|~2O0|______________________________________x_+_x_|392.65%
1200.0|~240|______________________________x_______x_o_x_|376.76%
1160.0|~280|______________________________x_o_x___x_o___|360.87%
1120.0|~320|______________________________x_o_x_o_x_____|344.97%
1080.0|~360|______________________________x_o___o_______|329.08%
1040.0|~4O0|______________________________x_____________|313.19%
1000.0|~440|______________x___________x___x___________+_|297.30%
960.00|~480|______________x_o_x_______x_o_x_________+___|281.41%
920.00|~520|______________x_o_x_o_x___x_o_x_______+_____|265.51%
880.00|~560|______________x_o___o_x_o_x_o_______+_______|249.62%
840.00|~6O0|______________x_____o_x_o_x_______+_________|233.73%
800.00|~640|______________x_____o_x_o_x_____+___________|217.84%
760.00|~680|______________x_____o___o_x___+_____________|201.95%
720.00|~720|______x_______x_________o___+_______________|186.05%
680.00|~760|______x_o_____x___________+_________________|170.16%
640.00|~8O0|______x_o_x___x_________+___________________|154.27%
600.00|~840|______x_o_x_o_x_______+_____________________|138.38%
560.00|~880|______x_o___o_______+_______________________|122.49%
520.00|~920|______x___________+_________________________|106.60%
480.00|~960|______x_________+___________________________||90.70%
440.0|~1O00|______x_______+_____________________________||74.81%
400.0|~1O40|__x___x_____+_______________________________||58.92%
360.0|~1O80|__x_o_x___+_________________________________||43.03%
320.0|~1120|____o_x_+___________________________________||27.14%
280.0|~1160|____o_+_____________________________________||11.24%
240.0|~1200|____+_______________________________________||-4.65%
Column|~||||O_2_3_1_4_2_2_1_3_2_5_4_5_7_3_8_3_2_2_4_2_5_|
Count|~|||||______1_______1________________________

 

[MDunleavy]

Oli Light
I predict a bullish development of the price movement.
BJF Trading Group. Excel Chart. Full size attached.