Commodities Countdown August 27, 2018 at 02:00 AM
Breadth has improved considerably in the last 8 days. This has been a very important change. While some analysts have been bullish throughout the months of July and August, I was very concerned with the lack of new highs and the weakness in the Advance Decline lines... Read More
Commodities Countdown August 21, 2018 at 03:25 PM
While the Commodity markets were deeply oversold, the USD hit a 70 RSI on both Daily and Weekly charts. Perhaps this will spur a small bounce. The overall markets are aligning very defensively as the $SPX tests prior highs... Read More
Commodities Countdown August 12, 2018 at 02:00 PM
It seems like most weeks I start this article with a discussion of the dollar. This week will be no exception. The Dollar subtly broke above resistance. Actually, no, that is not what happened... Read More
Commodities Countdown August 06, 2018 at 01:10 PM
Most of the commodities traded within their range of the last month. Wheat and corn were the exceptions. The $USD pushed to its highest weekly close but still trading in the range around 95. The energy markets all traded below their 50 day moving average to close out the week... Read More
