Commodities Countdown

February 2018

Commodities Countdown

Gold Tries To Breakout 2018-02-15 Video

by Greg Schnell

Gold is trying to breakout again. We have seen this movie multiple times. The big question is the US Dollar.  The five year picture for Gold is even more interesting. What makes the gold trade more compelling is the breakout in the Yen. So that looks pretty good. More in just a little bit lower on this article. I will be on MarketWatchers Live on Wednesday February 21st to cover off this Gold setup as well as discuss the book in more detail. You can follow this link to the Webinars tab on StockCharts.com. This will Read More 

Commodities Countdown

StockCharts For Dummies Book Now Available

by Greg Schnell

The StockCharts for Dummies book is now available wherever books are sold! Here is a link to the video about the new StockCharts for Dummies book! It is now available!   The reviews are coming in. "I have been a Stockcharts member for several years. There are many things I did not know, or now know in more depth. Although I am trained in fundamental analysis, I now feel there is no substitute for the information you can discern about money and how it is moving that technical analysis provides. Volume and Read More 

Commodities Countdown

Commodities Get Crushed 2018-02-08 With Video

by Greg Schnell

Commodities got crushed with the overall market dropping back. The size of the moves in just about everything has surprised everyone. The people who were bearish finally got their pullback convincing them they were right. Part of getting pullbacks right is timeliness. We had noticed some softness as the previous headlines of the videos demonstrated, but sometimes the drop is a long drawn out affair, other times, not so much. I think the current pullback (gulp) qualifies as a not-so-gentle pullback.  In the video I cover off a lot of issues. On the equity indexes, there Read More 

Commodities Countdown

Lots Of Rollover On Commodity Charts 2018-02-01 Video

by Greg Schnell

Gold and Silver stall Oil keeps climbing Natural Gas forgets to keep climbing Lithium, Rare Earth Metals, Copper stall Corn, Soya bean, Wheat break trend lines Gold is building an inside bar this week. While the end of the month shows January finishing just below resistance, everything on this chart suggests $GOLD wants to go higher. The volume last week on the surge towards resistance was bullish. While the price pauses here, keep your eyes tuned. If this starts to move, it should be dramatic. The PPO breaking out above the 18-month trend line is important. This would be one of Read More