The Commodities Countdown Video Recording has been posted for September 28th, 2017.
The expected move in the US Dollar is underway. While that is causing some turbulence in the metals area, the crude oil area continues to look robust. There is lots of commentary on both of those.
One of the big areas that finally showed its hand was the bond market. This has big implications for the fourth quarter and it looks to me that all the confirming signals also moved.
Lastly, this sets up some big dynamics. With the Transports breaking out in both rails and trucking, this looks too bullish to ignore. All of this sets the stage for a strong fourth quarter.
Commodities Countdown Video With Greg Schnell 2017-09-28 from StockCharts.com on Vimeo.
Good trading,
Greg Schnell, CMT, MFTA
