If you are going to trade the commodity sector, you had best follow the USD, which is why I do. If I am correct that the USD’s longer 15 Year Super Cycle is toping in 2017, then the CRB will be a fun sector where we will focus.

With respect to Weinstein’s 4 Stage Model, here is a great site that is the best I have found that covers his model quite well.

(4 Stages: 1 = Basing, 2 = Bull, 3 = Toping, 4 = Bear)

http://www.nextbigtrade.com/stage-analysis/

If the USD is topping then inflation will start to show up in the CRB with Gold and Silver leading the way… ��

So with that as background, lets examine the broader CRB using Weinstein’s 4 Stage Model. I show the CRB in Stage 1 Basing but making the case for an emerging Bull market.

Next are smaller charts showing my 4 Stage analysis for the CRB’s various components:

Oil: Either Basing in Stage 1 or early in Stage 2 of a new Bull. Looks more like Basing to me.
NatGas: Looks like Stage 2 Bull but Price needs to continue to find support near the weekly 30ema
Copper: Big move here but could also be part of the Basing of challenging the 30 and 66 EMAs.

Sugar: Stage 2 Bull to me
Coffee: Coffee can be very choppy for short periods so a long term stage analysis may not apply
Soybeans, Corn and Wheat: All three are Still Basing in Stage 1 for now

By Surf City

https://surfcity.co/

Everything about Cycle Investing

© 2017 Surf City - All Rights Reserved
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