Thursday, November 4, 2021

ZLZ21 Soybean Oil December 2021 Price Chart


 ZLZ21 just gave a technical sell based on two moving averages. Recent low of 5400 is a potential target. Lots of weakness in this sector today.

CLZ21 Crude Oil December 2021 WTI Price Chart

CLZ21 is a hair away from a technical sell signal, most likely happen tomorrow. Brent, Heating Oil, and Gasoline already gave sell signals. 

Traders need to be careful as WTI has strong fundamentals and has given poor sell signals in the recent past.
 

DXZ21 U.S. Dollar Index December 2021 Price Chart

 

DXZ21 is about to have the moving averages cross into the buy zone again, it should happen as the price breaks into new highs. Almost all other FX are very weak. Slow and steady.