Day: March 31, 2022
Type: Bearish ReversalKey Levels:Resistance: 1933.7Pivot: 1927Support: 1895.2Preferred Case:Prices have recently broken out of our descending trendline. We see the potential for further bearish continuation from our Pivot at 1927 in line graphical overlap and area of Fibonacci confluences towards our 1st support at 1895.2 in line with 100% Fibonacci Projection . Our bearish bias is […]
Type: Bearish DipKey Levels:Resistance: 219.25Pivot: 217.20Support: 212.45Preferred Case:We see the potential for bearish reversal from our Pivot level at 217.50 in line 23.6% Fibonacci retracement towards our 1st Support at 212.45 in line with 61.8% Fibonacci projection. Our bearish bias is supported by price trading below the Ichimoku cloud indicator.Alternative Scenario:If price continues to go […]
Oil futures settled higher on Wednesday as news reports said Russia shelled areas of Ukraine where Moscow had promised just a day earlier that it would scale back military operations. “Whether peace talks are real or not, the truth is that we have a global market that is undersupplied regardless,” said Phil Flynn, senior market […]
Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs. 209 Total views 12 Total shares Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from […]
All three major U.S. stock benchmarks closed lower Wednesday, with the Dow Jones Industrial Average and S&P 500 snapping four-day winning streaks, after Russia indicated no breakthrough in peace talks with Ukraine and oil prices climbed. The Dow DJIA, -0.19% fell 0.2%, the S&P 500 SPX, -0.63% slid 0.6% and the Nasdaq Composite COMP, -1.21% […]
