Ethanol (DL1) Down $0 Over Past 4 Hours, Came Into Today Down For 9th Day In A Row; in a Downtrend Over Past 14 Days

Ethanol 4 Hour Price Update

Updated July 22, 2021 01:52 AM GMT (09:52 PM EST)

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

Ethanol Daily Price Recap

Ethanol closed the previous day down 0% ($0); this denotes 9th day in a row 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. The daily price chart of Ethanol below illustrates.

DL1

Ethanol Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 2 out of the past 30 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!