BCOM - Commodity Boom Coming?BCOM is testing long-term resistance — and it’s cracking nicely.
This level has been tested multiple times over the past few years. Each rally failed… until now.
The structure is clear:
Long basing phase (value being built)
Higher lows forming
Price pressing into resistance with momentum
Markets don’t just measure reality — they participate in it.
Once price pushes through a level like this, it changes behavior, positioning, and expectations.
That’s how mispricing resolves.
Breakouts from long bases tend to be powerful, not because of lines on a chart, but because value has been absorbed over time.
Copper/Tin are looking good as well.
I’m watching this level closely.
If you enjoy the work:
👉 Drop a solid comment
Let’s push it to 6,000 and keep building a community grounded in raw truth, not hype.
BCOM
Lower commodity prices before higher $96 first, $80s nextEveryone's bullish commodities and calling for a supercycle and a breakout here. However, every commodity chart looks like it's in the process of topping or has already topped.
Then if you look at this chart, it just hit resistance again and hasn't been able to break through.
The highest probability scenario to me here is that we reject and fall lower to $96, then rally over summer, and fall lower in the fall/early 2023 to find a bottom in the $80 region.
After that, I can see the case for commodities to rally, but don't think commodities are going to go up here like everyone thinks.
BCOM headed lower as global metals,Natgas and oil falterOur CFTC prop research points out the Bloomberg commodity index is headed lower. This has a wide ranging effect on global indices and sectors that are heavy weighted trading or using Metals, Natgas and Oil.



