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February Brent Crude Trading

Ipath Etn Crude Oil stock quotes

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ttg100 - Tue, 30 Dec 03 :

>> Mondial :)
hope you made some money on the call !
- me not sure at mo - want to sell but looks
as though got bit higher to go yet.

ENERGY MARKETS

The energy markets were mostly higher in overnight trade as they
consolidate some of Monday's losses.

February crude oil was higher overnight as it consolidates above the 20-
day moving average crossing at 32.06. Closes below the 20-day moving
average and then last week's low crossing at 31.25 would confirm that a
top has been posted while opening the door for a possible test of this
fall's uptrend line crossing near 30.25 later this winter. Last week's
decline turned the daily ADX (a trend-following indicator) bearish
signaling that a top has likely been posted. Overnight action sets the
stage for a steady to firmer tone in early day-session trading.


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