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E-Mini Crude Oil Futures Volatility Forecast (17/01/2011)

The E-Mini Crude Oil futures market is going through a crucial period because the breaking of $ 90 is a solid psychological point. The current market volatility is 1.5% (23.8% annualised) and the last part of the curve seems suggesting a potential future augment over the next trading days.

Specifically, crude oil prices could be pushed down in the $ 88 – $ 89 area and the volatility should rise to 1.6% (25.3% in annual terms) by the end of the week. On the other hand, the great importance that the performance of the dollar has on this market could shift things around and therefore caution is needed when placing trades.

The staff of HyperVolatility is bearish in the very short term and advises you to look for short opportunities even if the next weeks will prove decisive in determining the medium term trend of the market. Probably, an intra-day trading could be the best strategy to adopt during this week.

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