Ethanol (DL1) Down $0 Over Past 4 Hours, Entered Today Down 0%; in an Uptrend Over Past 14 Days

Ethanol 4 Hour Price Update

Updated April 07, 2021 01:53 AM GMT (09:53 PM EST)

Ethanol closed the previous 4 hours down 0% ($0); this denotes 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 is down 0% ($0) since the previous day, marking 3rd consecutive day it is flat. Out of the 6 instruments in the energy commodity asset class, Ethanol ended up ranking 5th for the day in terms of price change relative to the previous day. Let’s take a look at the 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. For additional context, note that price has gone up 3 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.