Commodities Countdown

Commodities Countdown Video Recording 2017-11-23

 | 

This weeks Countdown focuses on the strong oil price at $58.60 and the gold price around $1300. There is a real chance that the next two weeks see explosive moves in commodities stocks. The one caveat is that we are watching for some divergence on the daily chart of the $USD. This has not shown up yet.

Commodities Countdown With Greg Schnell 2017-11-23 from StockCharts.com on Vimeo.

Good trading and happy Thanksgiving,
Greg Schnell, CMT, MFTA

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
Subscribe to Commodities Countdown to be notified whenever a new post is added to this blog!
comments powered by Disqus