- Overall commodities might be stalling after the significant gains
- I have a few ideas on the short side and a long idea
Commodity Markets
Weekly overview of Currency and Commodity Markets published on Sunday. Includes occasional intraweek updates, DeMark analysis, Sentiment analysis, Commitment of Traders analysis and more.
Commodity Weekly May 1, 2022
- Despite the tough week in other markets commodities was relatively calm
- Metals and energy still look vulnerable to lower levels
- New potential ideas for shorts: Corn, Wheat
Commodity Weekly April 24, 2022
- Another wild week with Commodity markets
- COT data out on Tuesday crushed the buyers with a big late-week slam
- Energy, metals stand out as markets positioned to move lower
Commodity Weekly April 18, 2022
- Another exciting week for Commodity markets
- Overall extended with Bloomberg Commodity Index with some exhaustion signals
- Energy has several exhaustion signals triggering today
- Silver looks better than Gold with Platinum and Palladium well off the Ukraine spike
- Corn and Wheat could lift just a little more this week
- Coffee could be a short again.
Commodity Weekly April 10, 2022
- This past week saw mixed action with grains and some softs moving higher
- Energy has several new DeMark buy Setup 9’s so it’s possible a bounce (short term) is due
- Metals are very mixed with some big drops with Platinum and Palladium after the peak Ukraine spike
- Livestock still has risk lower.
- Sugar has been moving higher and could continue a little higher from here
Commodity Weekly March 27, 2022
- The big news is the Bloomberg Commodity Index daily and weekly with new DeMark Sequential sell Countdown 13’s
- Several beneficiaries of the Ukraine crisis have given back all or most of the gains
- Gold and Silver also have some DeMark exhaustion signals