The Commodities Countdown Recording 2017-07-27 has just been posted. There is a lot of information on the recording about the breakout in Copper, the struggles with Agriculture and the major buildup on the Gold charts. Oil continues to push higher into the $49 camp. We are watching for a break in the momentum trend to confirm the new move up but some of the stocks are up 20 % off the lows already.
Commodities Countdown Recording with Greg Schnell 2017-07-27 from StockCharts.com on Vimeo.
Good trading,
Greg Schnell, CMT, MFTA.
About the author:
Greg Schnell, CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA).
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