Ethanol (DL1) Down $0 in Last 4 Hours, Moves Down For 2nd Consecutive Day; Pin Bar Pattern Appearing on Chart

Ethanol 4 Hour Price Update

Updated January 13, 2021 01:53 AM GMT (09:53 PM EST)

Ethanol is down 0% ($0) since the previous 4 hours, marking 4th candle in a row it is unchanged. Out of the 6 instruments in the energy commodity asset class, Ethanol ended up ranking 2nd for the four-hour candle in terms of price change relative to the previous 4 hours.

Ethanol Daily Price Recap

Ethanol closed the previous day down 0% ($0); this denotes 2nd consecutive day it is unchanged. On a relative basis, Ethanol was the worst performer out of all 6 of the assets in the energy commodity asset class today. Here is a daily price chart of Ethanol.

DL1

Ethanol Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Ethanol’s price has gone up 4 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!