Ethanol (DL1) Down $0 On 4 Hour Chart, 2 Day Up Streak Broken; in an Uptrend Over Past 14 Days

Ethanol 4 Hour Price Update

Updated January 12, 2021 01:52 AM GMT (09:52 PM EST)

Ethanol came into the current 4 hour candle down 0% ($0) from the open of the previous 4 hours, marking 4th candle in a row it is unchanged. Relative to other instruments in the energy commodity asset class, Ethanol ranked 2nd since the previous 4 hours in terms of percentage price change.

Ethanol Daily Price Recap

Ethanol entered today at $1.52, down 0% ($0) from the day prior. Out of the 6 instruments in the energy commodity asset class, Ethanol ended up ranking 3rd for the day in terms of price change relative to the day prior. Below 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 14 days Ethanol’s price has gone up 6 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.