Commodities Countdown September 23, 2018 at 09:42 PM
Commodities kicked off a parade of signals this week. After months of beating up buyers, the charts kicked off some significant oversold reversal signals. Going through the charts, a theme of reversals emerged. Crude Oil moved above the 50 day moving average last week... Read More
Commodities Countdown September 17, 2018 at 09:23 AM
The commodity charts continue to drift lower. There are lots of nice trend lines formed, but there seems to be little energy for a break to the upside just yet. The currency charts are important this week as the $USD seems set up for a sell signal on the momentum indicator... Read More
Commodities Countdown September 09, 2018 at 06:20 PM
Commodities continue to weaken again this week. Whether it was Copper or Aluminum, Natural Gas or Gasoline, it was another tough week for the commodity arena. The $CRB closed below the midpoint on the week and reversed the two week counter trend rally... Read More
Commodities Countdown September 03, 2018 at 12:28 PM
Commodities wiggled this week. It wasn't very exciting to watch but it still suggests paying attention. Crude oil closed above the 50 day moving average, but some corresponding ETF's didn't rally with oil... Read More