Both the Energy Select SPDR (XLE) and the UltraShort Oil & Gas ETF (DUG) have established significant extreme prices.

Today's strength in the QID has left behind a pullback low on Friday that has the look of the secondary low of a potential double bottom.

Mike Paulenoff's pattern work is warning him that the KOL has completed a near-term correction within an otherwise still powerful bullish channel.

The US Oil Trust ETF (USO) spent the prior three sessions attempting, but failing, to hurdle the 108.30/40 area.

The ProShares UltraShort Oil & Gas ETF (DUG) is smacking right up against its 8-week resistance line.

Lower-than-expected natural gas inventories reversed price direction, which rocketed the price structure to new highs.

The Deutsche Bank Powershares Agricultural Commodity Fund (DBA) is showing some pop today.

The rally off of the May 2 low in the streetTRACKS Gold Shares (GLD) has recovered. What's next?

An interesting situation is developing in the UNG, because the price structure pressed from last week's failed highs in and around 56.30 right to a test of the March-May support line at 53.00, which thus far has contained any further weakness.

Gold prices and the Market Vectors Gold Miners ETF (GDX) are higher this session in sympathy with the surge in energy prices.