Energy Report 1.24.13
The high was 18 below normal, the low was 16 below normal which means its 17 below normal. What gives you the right to round the mean down but the average up? you have the average at 15.5 for today, [...]
Studied Physics at Stevens Institute of Technology specialized in Fluid Dynamics.
At the time the new science of Chaos and Complexity was introduced, which was our start with the fascination of the markets.
The high was 18 below normal, the low was 16 below normal which means its 17 below normal. What gives you the right to round the mean down but the average up? you have the average at 15.5 for today, [...]
Those watching the recent events in Egypt can tell things are disintegrating rapidly. President Morisi has offered to a referendum on a new constitution. The radical Islamic sect, The Muslim Brotherhood, will be holding pro- Morisi rallies in Tahrir [...]
Both WTI and Brent are retreating from their recent upside foray on the back of poor global economic numbers. Exacerbating the decline has been the sharp weakness in the rbob. It appears that the October squeeze popped the balloon and [...]
Energy prices were sharply lower Wednesday following a train of weakening economic growth. It was revealed in the wee hours of the morning that New Zealand was concerned about their export market with the Central Banks of the world in [...]
ETHANOL ETHANOL S2 S1 CLOSE R1 R2 TREND DAILY 2145 2180 2203 2232 2252 CONGEST WEEKLY 1922 2210 2298 2445 2546 CONGEST Daily Moving Averages: 21, 55, & 100: 2.333, 2.364, 2.416 Weekly Moving Averages: 21, 55, & 100: 2.440, [...]
RBOB S2 S1 CLOSE R1 R2 TREND DAILY 27300 27585 28213/27893 28165 28420 PEAK WEEKLY 24260 25615 26621 28385 28900 PEAK Daily Moving Averages: 21, 55, & 100: 2.6924, 2.7132, 2.8417 Weekly Moving Averages: 21, 55, & 100: 2.8734, 2.9094, [...]
WTI-BRENT S2 S1 CLOSE R1 R2 TREND DAILY -2105 -2050 -1993 -1920 -1824 CONGEST WEEKLY –2650 -2350 –2093 –1995 -1620 DOWN Daily Moving Averages: 21, 55, & 100: -20.18, -20.30, -20.16 Weekly Moving Averages: 55, 100, & 200: -22.24, -20.64, [...]
BRENT S2 S1 CLOSE R1 R2 TREND DAILY 10813 10982 11080 11197 11483 PEAK WEEKLY 9914 10476 10818 11420 11795 CONGEST LOWER Daily Moving Averages: 21, 55, & 100: 109.17, 109.94, 111.37 Weekly Moving Averages: 21, 55, & 100: 111.27, [...]
Stocks started slide on Thursday as Washington’s dysfunction leap to the fore. It was originally announced that Senate Majority Leader Harry Reid was to speak about the fiscal cliff during the afternoon. That was then cancelled and the markets went [...]
