HIGHLIGHTS AND THEMES
- Going to keep it brief as I have to redo all of the currency charts with the outsized moves.
- The Bloomberg Commodity Index continues lower as the global markets sell off
- In this environment, traders will sell anything not nailed down
- Energy backed off hard late last week and with the threats from Iran saying they will attack Israel, crude could spike higher. It’s difficult to trade attacks like this because it is unclear that a full scale war is about to break out. Many of the spikes with attacks quickly get sold. Energy is also a space that has economic sensitivity so if economies are slowing fast so will energy usage.
- Gold has backed off but has been the one commodity with sentiment in the extreme zone
- More on notes through the week. So much for a slow quiet August.
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BLOOMBERG COMMODITY INDEX DAILY AND WEEKLY
Bloomberg Commodity Index Daily
Bloomberg Commodity Index Weekly
COMMODITY SENTIMENT OVERVIEW
OIL AND ENERGY
Bloomberg Energy Index daily
WTI Crude futures daily
WTI Crude futures bullish sentiment
WTI Crude futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
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Natural Gas futures bullish sentiment
Natural Gas futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Metals
Gold daily
Gold bullish sentiment
Gold futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Silver daily
Silver bullish sentiment
Copper futures daily
Copper futures bullish sentiment
Copper futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Platinum daily
Platinum bullish sentiment
Platinum Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Palladium daily
Palladium bullish sentiment
Palladium Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Grains
Corn futures daily
Corn futures bullish sentiment
Corn futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Wheat futures daily
Wheat futures bullish sentiment
Wheat futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
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Soybean futures bullish sentiment
Soybean futures Commitment of Traders large speculators and weekly DeMark Setup, Sequential, and Combo indicators
Livestock
Live Cattle futures daily
Live Cattle futures bullish sentiment
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Lean Hogs futures daily
Lean Hogs bullish sentiment
Softs
Cotton futures daily
Cotton futures bullish sentiment
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Coffee futures bullish sentiment
Sugar futures daily
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Cocoa futures daily
Cocoa futures bullish sentiment
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