This weeks edition of Commodities Countdown has a lot of the commodities breaking down through the 40 week moving average. The majority of the energy sector is still above the 40-week moving average, with the exception of $NATGAS. Gold broke an uptrend this week and dropped to four month lows. The recording contains lots of discussions looking for reversals and a complete segment on currency.
I will be hosting the Saturday edition of Market Outlook with Arthur Hill on Saturday at 11 ET. Please join us for a look at getting ready for 2018.
Greg Schnell, CMT, MFTA.