For additional context, note that price has gone down 7 out of the past 10 days.
For another vantage point, consider that natural gas’s price has gone up 18 of the previous 30 trading days.
Heating oil outperformed all 6 assets in the energy commodity asset class since the last 4 hour candle.
Crude oil price: $ 70.67/barrel(≈ 159 l) 2.
For additional context, note that price has gone down 1 out of the past 10 days.
And for candlestick traders, a special treat: there is a evening star pattern showing up on the charts as well.
Those trading within the energy commodity asset class should know that gasoline was the worst performer in the class today.
Out of the 6 instruments in the energy commodity asset class, natural gas ended up ranking 2nd for the day in terms of price change relative to the previous day.
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Relative to other instruments in the energy commodity asset class, heating oil ranked 5th since the previous day in terms of percentage price change.