The Commodities Countdown Video Recording for August 31, 2017 has been posted. Commodities had a wild week with Gold, Silver, Copper and Aluminum doing great. Oil drifted lower on Hurricane Harvey impacts. Gasoline and Diesel Fuel threaten some multi-year trend lines. There are some very small positive divergences setting up in the energy space and the video goes into detail about energy in a big way this week.
Commodities Countdown Video With Greg Schnell 2017-08-31 from StockCharts.com on Vimeo.
Thanks for taking the time to listen in. Lots of meat on the Commodities bone this weekend, so check out the potential for the last 4 months of the year.
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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