Commodities Countdown

Commodities Countdown Video Recording 2017-08-10

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Lots of action in Commodities this week.  The Gold and Silver charts are very interesting and I covered them off in the last 10 minutes of the recording. Oil is holding, but the oil stocks are continuing to go lower.  With global markets softening a bit and the NASDAQ 100 really reflecting some weakness on the BPI charts, some caution has arrived.

Commodities Countdown Video With Greg Schnell 2017-08-10 from StockCharts.com on Vimeo.

Good trading,
Greg Schnell, CMT, MFTA.

 

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Greg Schnell
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com specializing in intermarket and commodities analysis. Based in Calgary, he is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is also the author of Stock Charts for Dummies (Wiley, 2018). Learn More
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