This weeks Commodities Countdown covers off what I expect from a big bull run in Commodities. I cover off the gap up in Natural Gas, crude oil over $60, Gold and Silver testing important trend lines and resistance. The big trade of 2018 which I think will be the $USD. The recording goes into big details on all of these trades. The steel ETF is breaking out to new 5-year highs, Copper hit 4-year highs this week, Aluminum popped up as well. Probably the most bullish sign on the charts was the outside month on the $CRB index. It tested lower and looks to close at the top of the range.
Commodities Countdown Recording With Greg Schnell 2017-12-28 from StockCharts.com on Vimeo.
Good trading,
Greg Schnell, CMT, MFTA