Commodities Countdown October 29, 2015 at 12:57 PM
The chart for Natural Gas ($NATGAS) looks weak, has been weak and continually goes lower. When will it stop? We are between the last two major bottoms of the commodity. The chart needs more review, but we should keep it on our radar for a potential reversal day or week... Read More
Commodities Countdown October 28, 2015 at 11:13 AM
Gold (GLD) had a nice surge on the open this morning. In a webinar yesterday, we talked about the bull flag pattern. Today had a good initial surge but at the time of writing, no real change from the open. We really need to see some sharp follow through to the upside here... Read More
Commodities Countdown October 23, 2015 at 04:20 PM
Week-after-week I receive another email from someone who thinks Commodities have bottomed. Based on time cycles, dollar cycles, near previous lows, China getting better, or a myriad of other reasons, the emails keep discussing why this is the perfect time to go long commodities... Read More
Commodities Countdown October 20, 2015 at 01:17 PM
Back in 2010, I started plotting a box around the earnings month of July. I didn't have a plan, I didn't have a reason, but I started to plot the box on the $NDX. Here is the first plot I did... Read More
Commodities Countdown October 09, 2015 at 12:16 PM
Well, the webinar survey for the Commodities Countdown Webinar 20151008 smashed all of the comment feedback I usually get from my webinars... Read More
Commodities Countdown October 08, 2015 at 07:44 AM
I covered off the commodities last week on the webinar and focused in on the $USD. The link to that webinar recording is here. Commodities Countdown 20151001. There is a lot of information in that webinar about the signals making for a bear market in my work... Read More
Commodities Countdown October 07, 2015 at 08:16 AM
Crude ($WTIC) rallied off the Friday lows with the equities markets. Friday was also a test of the early morning lows back on September 24th and we have built a floor in September. Here is the 3-month chart. So the next short-term level of resistance is $49... Read More
