Commodity Trading Levels

Commodity Trading Levels


Commodity Trading Levels for October 5th 2010

October 4th, 2010 Filed under Commodity Trading, Energy Futures, Financial Futures, Future Trading News, Futures Trading, Grain Futures, Index Futures, Metal Futures, Options Trading | Comment (0)

Not an easy market to read right now in my opinion.

It is showing signs like it would like to visit some lower levels, yet there is enough buying interest to keep it above 1127.

This Friday monthly unemployment levels will be watched closely.
If the market breaks below 1127, it has a chance of picking some more speed to the downside.
On the flip side, bulls will need to see new highs in order to get back in control of price action.
Daily chart with some price levels to watch for your review below:

Commodity Futures Trading Charts

Commodity Futures Trading Charts

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