Here is the link to the Commodities Countdown 2017-08-15. The surge in the $USD causes some concern. Quite a few of the commodities have moved below their 40 WMA. Global concerns start to rear up. A big review of the currencies and the conflicting moves in them highlight this week.
Commodities Countdown Video With Greg Schnell 2017-06-15 from StockCharts.com on Vimeo.
Good trading,
Greg Schnell, CMT, MFTA.
About the author:
Greg Schnell, CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA).
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