Ethanol (DL1) Down $0 On 4 Hour Chart, Started Today Down 0%; in an Uptrend Over Past 90 Days

Ethanol 4 Hour Price Update

Updated July 20, 2021 01:58 AM GMT (09:58 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 is down 0% ($0) since yesterday, marking 7th straight day it is flat. Relative to other instruments in the energy commodity asset class, Ethanol ranked 2nd since yesterday in terms of percentage price change. Below is a daily price chart of Ethanol.

DL1

Ethanol Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Ethanol’s price has gone down 2 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.