Category: Commodities Trading
The analysis published under this category are as follows.Thursday, July 27, 2017
Gold and Oil - 3 charts, 3 forecasts, in 7 fast minutes / Commodities / Commodities Trading
See just how much you can learn from three simple charts.
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Saturday, July 22, 2017
Crude Oil, Gold, ETFs & more: Pro-grade Market Forecasts / Commodities / Commodities Trading
Dear Investor,
Are you paying attention to commodities? You should be.
Major moves in oil, gold and other commodities have offered up huge opportunities for traders in 2017.
Our friends at Elliott Wave International have kept our subscribers ahead of many big commodity moves.
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Thursday, June 22, 2017
LOG 0.786 support in CRUDE OIL and COCOA / Commodities / Commodities Trading
Originally written in the Wednesday JUN 21 MRI 3D Report,
CRUDE OIL GROUP- CLQ 17 (4253): (W.D. GANN): Today is 19 trading days down from 52.00. 52×19= 988 Subtract 988 from 52.00 = 42.12 = the square of TIME and PRICE. Today’s low = 42.05.
TIME: Today is 33a/May04 LOW, 7×7(G)d/APR12 TOP and 120(G)d/55.24 Jan03 TOP
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Friday, June 16, 2017
Heating Oil Bottom Is In.(probably) / Commodities / Commodities Trading
MRI Trading Signals has identified a high probability of a HEATING OIL LOW, at least for awhile. It may be a stretch to see the nearby HON 17 (141.13) close above the previous week’s close 143.70, requiring a 2.57+ net change on Friday. IF that happens then HO is confirming the WEEKLY TIME SETUP in the ACL and LCL Closing Line Chart Frames- 3D, 5(F)A, 13(F)a and 30(G)a to WK 07 NOV’16 and 45(G)a to WK 25 JUL’16.
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Friday, June 09, 2017
Is The Great Commodity Bear Finally Over ? / Commodities / Commodities Trading
There is something happening in the commodities complex that has been going on for awhile now that needs to be addressed tonight. A subtle change actually started earlier this year and has been gaining momentum especially in the energy sector. I know for a lot of you, with the weak US dollar, you are thinking, “how could commodities be declining,” which goes against everything you have learned about how the markets are supposed to work. If the markets always behaved like everyone thinks they should then there would be no markets, because everyone can’t be right. That’s the nature of the beast we’re trying to tame.
Tonight I would like to show you some bearish rising wedges which have formed all over the place in the commodities complex. Many of the rising wedges took over a year to build out so that sets up a healthy decline. The bigger the pattern the bigger the move.
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Tuesday, May 09, 2017
Commodities Trading and Investing: Inside Look at 18+ Top Markets / Commodities / Commodities Trading
Dear reader,
Our partners at Elliott Wave International, the world’s leader in Elliott wave analysis since 1978, have some exciting news!
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Saturday, May 06, 2017
Plunger’s Big Trade Update & Gold Stocks GDXJ update / Commodities / Commodities Trading
GDXJ-
One can see from Rambus’ below charts that it appears the PM stocks are still early on in the decline process. I would agree, but of course stocks don’t move in a straight uninterrupted line. Therefore I would suggest we are due for a bit of an upward retracement soon. I claim this on the following basis: RSI is now significantly oversold and is now putting in a positive divergence (note red line). Also stochastics are extended to full range and appear to be in the first stage of turning up. We have reached its measured move as depicted. Also its reached the boundary of its Bollinger Band, (altough not outside of it). As a result I covered my short today and actually went long JNUG and some selective shares. I am looking for no more than a bounce up. It may look like a BT to the red bear flags Rambus has drawn in the below charts. I am not advocating others do the same just discussing trading opportunities.
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Tuesday, March 14, 2017
Gold, Oil, CRB, Bonds - Beware The Bearish Rising Wedge / Commodities / Commodities Trading
In this report I would like to show you a chart pattern that seems to be showing up in a lot of different area’s of the markets, in particular the commodities complex. We looked at some of them in the last Weekend Report which were maturing, but in some cases hadn’t broken down yet. The chart pattern I’m referring to is the bearish rising wedge.
Some of the bearish rising wedges have a common theme which is the late 2015 low, when commodities and the PM complex finally bottomed out after that massive impulse move down. At a minimum the price objective for a rising or falling wedge is the first reversal point in which the wedge began to build out. Prices can go much lower, but the first reversal point is a good first price objective.
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Tuesday, March 07, 2017
Chartology of the Commodities: The Inflation/Deflation Barometer / Commodities / Commodities Trading
One of the biggest questions investors have is what type of environment are stocks and the economy in, deflation or inflation? Knowing the answer to that question can give you a heads up on what different sectors to invest in and what sectors to stay away from. Tonight I would like to update some of the different commodities indexes to see if they can give us any clues on which way the deflationary or inflationary pendulum is swinging. Commodities are often an under analysed asset class as compared to Stocks and Bonds. However they are the nuts and bolts , the real stuff supporting human existence.
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Monday, February 20, 2017
Headwinds Continue for Commodities with Rising US Dollar / Commodities / Commodities Trading
Recent pro-US rhetoric from the current administration is only adding to an existing multi-year renewed strength of the US dollar.
The chant of "USA first" has only been the last of the drivers to push the greenback higher.
Some of the other factors have been unemployment, which has reached a milestone at 4.8 percent, the second lowest level since 2006.
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Thursday, January 05, 2017
The Rising U.S. Dollar and the Impact on Commodities / Commodities / Commodities Trading
The FOMC has raised its benchmark interest rate up for the second time since the recession of 2008 and 2009. And as the U.S. is the only G8 country, over the last eight years, to start increasing its rate, there is little to no competition for the currency.
The impact of a raising currency are many.
On the plus side, it creates higher demand for U.S. Treasuries, lower borrowing costs for the Federal government and foreign demand for U.S. assets (including stocks).
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Tuesday, January 03, 2017
Commodities: New Year's Promises Vs. Elliott Wave Patterns / Commodities / Commodities Trading
2011, 2014, and 2016: The year's performance has consistently followed its Elliott wave script
It's that time of year again, when before us an entirely new blank slate is laid, which we eagerly fill with promises of better health, habits, and life choices.
But, according to Statisticsbrain.com, only 8% of people successfully carry through with their New Year's resolutions -- or as I like to call them, Maybe-lutions.
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Monday, October 03, 2016
Get Free Commodity Market Forecasts! / Commodities / Commodities Trading
Dear trader,
This week our friends over at Elliott Wave International are hosting a free online event exclusively for commodity traders!
For 5 opportunity-filled days -- at ZERO cost to you -- you will enjoy premium video forecasts from one of the world's foremost Elliott wave experts, Jeffrey Kennedy. Each video gives you real-time analysis, charts, forecasts and actionable trading ideas and tips to help you find the best commodity opportunities.
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Friday, July 29, 2016
2016: Current Gold and Commodity Market Themes / Commodities / Commodities Trading
A year ago almost to the day we began tracking a ‘Macrocosmic’ theme that would eventually see gold bottom and rise vs. stocks and bonds in 2016, joining its bullish status vs. commodities, which had been in place since 2014.
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Friday, June 17, 2016
Inflation, Deflation & Associated Trading Prospects / Commodities / Commodities Trading
Recently I have gotten wordy about the decline in ‘inflation expectations’ beginning on June 2, right on through yesterday’s update of the TIP-TLT ratio and TLT in essence, attaining their targets. The implication would be that the mini deflation whiff is coming to its limits.
As often happens at potential limit points, the market’s crosscurrents are strong. As noted yesterday, USD, gold, silver and the gold miners all did in-day reversals as items that had been risk ‘off’ got hammered. ‘What, USD and gold in lockstep? What is the meaning of this?!?’ think inflationists. See yesterday’s in-day post Strange Bedfellows.
The meaning is that these items, along with the VIX and US Treasury bonds have been plays for a risk ‘off’ market as it got the jitters over deflation. Gold miners had been, however fleetingly, rising in line with their counter-cyclical fundamentals and this is the mirror image to the reasons why I so often parrot that if you are a gold miner bull, realize that fundamentally at least, the sector is done no favors in an inflationary backdrop (price, for long stretches of time, can be something else all together).
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Thursday, May 26, 2016
Think Beyond Oil And Gold: Interview With Mike 'Mish' Shedlock / Commodities / Commodities Trading
This past week I was interviewed by James Stafford at Oilprice.com.
We discussed, oil, gold, lithium, other natural resources, global opportunities, and even biotech plays.
Here is the full interview, conducted several days ago.
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Monday, May 09, 2016
Commodities Overtake Stocks and Bonds with Best Rally Since 2010! / Commodities / Commodities Trading
Traders who follow the price of gold and silver, should keep an eye out on the U.S. dollar index. The dollar has been within a trading range for more than a year. During December of 2015, the dollar rose to test the highs at 100, however, since February of 2016, the dollar has been in a downtrend, as shown in the chart below.
The FED has reduced the expectations of a rate hike in 2016 from one full percentage point, in the beginning of the year, to a half percent and perhaps to none at all. However, my expectation is that the FED may have to start rolling back this increase before the end of 2016.
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Thursday, May 05, 2016
Investing After the Global Commodities Super-Cycle / Commodities / Commodities Trading
While cyclical challenges remain tough in global commodities, structural realities look more tolerable.According to conventional wisdom, the challenges of global commodities can be attributed to China’s slowdown and poor growth prospects. Advanced economies are not immune. In the US, just two commodity-related sectors – oil and gas, as well as metals and steel – accounted for more than half of the defaults in 2015.
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Tuesday, April 26, 2016
CRB, Gold, Oil, Cotton, Coffee - 7 Must See Commodities Charts / Commodities / Commodities Trading
Commodities are in a positive cycle. It is too early to tell whether the long term bear market is over, but short and medium term momentum is clearly in favor of commodity bulls.
In this article, we revise 7 must-see charts covering the commodities complex, which reveal current and future investment opportunities.
First, the CRB commodoties index bottomed in January of this year. At that point in time, sentiment was even worse than during the depth of the 2008 financial crisis. The first chart shows how bad sentiment was in the last months of 2015 / early January 2016, see lower pane. Consequently, the upside potential is enormous as commodities are currently nowhere near positive sentiment levels.
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Sunday, April 17, 2016
CRB, Gold, The Fed has Unleashed Inflation / Commodities / Commodities Trading
And it wants more of it.
From mid-2014 until early 2016, commodities as an asset class, collapsed some 45%.
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