If you're looking for a hedge against inflation, here you go. Long term play.... or you could buy some USO (oil) to hedge against your gasoline costs.
1) Commodities showing volatility contraction type movement with good volume cues (massive dry up) 2) We see price getting rejected at the $28.65 level twice - establishing a pivot entry if price breaks out on higher volume 3) Early entry is spotted at about $28.30, which I have initiated a starting position in. That said, I am mindful of the FOMC meeting today...
Oct 20' - Investors unsure of market, COVID concerns, no real fix - Premise 1 - Investors move into commodities, specifically previous metals. Premise 2 -Energies + Commodities related to consumer goods DBC index provides basket catching the best of everything without great risk. At least that was what I read at the time of analysis. March 22' Equity...
Every so often, commodity markets create a bubble driven at first by money printing, then supply constraints, and then finally by pure and unadultured speculation of the highest order. When they unwind, investors in the "new pandigram" of the commodity market lose everything. The true "commodity supercycle" is them going to zero. Nice try. Thanks for playing....
I have long said that commodities always go down over the long term. This chart shows that perfectly, and also adds on another component which is the well-known fact that stocks always go up over the long term. As a result, what we see is an index that only ever is in one of 2 states: 1) Pullback to the upside 2) Trending to the downside Currently, we are in the...
Re entered here based on the positive price action we saw today and yesterday . Commodities vs SPY and QQQ still showing very low correlation , yesterday was contrary to this though , the whole market was affected by the pulling tides . Today was a pretty important day for DBC imo though because of its expedient recovery after that gap down ... Caution...
Per my trading rules ,we now have the earliest possible price action to get in to some swing trades with the QQQ and SPY actions we see currently happening. As a result, I took a starter in DBC as planned . QQQ/ SPY notes: The SPY etf has put in a higher low and is above the 21 EMA , but still below the 200 sma and we have a valid death cross on daily , so...
upside focus remains, looking for wave ((v)) to target 32$
Question was this : Even though SPY and QQQ are currently in red trading mode meaning no buying stocks for me , can I enter new trades on commodities funds ?? My long term test from 2008 to now determined this 2008 to current date SPY vs DBC Regression coefficient beta == -7.88 Correlation == 0.28 meaning long term negative/low correlation 2020 Jan 1st...
remaining higher than 24.28 will reinforce the idea of wave ((v)) of 3 that target higher than 30
First off I am not going to trade this yet because my rules allowing me to take swing trades require the market indexes be above their 10 and 21 ema's, at a minimum ( ideally above 50 sma too) . But that does not mean that I am not "waiting in the bushes", getting ready to pounce when my moment arrives eventually. DBC is , in my opinion, a good way to gain...
Commodities in their epic rallies have recently gotten in large resistance levels. We're at true make or break levels for these. They can either get through the current zones and go into a more impressive uptrend... or they can turn fairly soon and enter into savage bears. The bear scenario currently looks the better trade. Revisions to this if we break the short...
- 5 Clear waves to the upside in this last Bullrun, with wave 5 already extended. - Large order block from 2011 (white box) reaching this point could be a nice exit to those who got stuck in commodities for over 11 years and are now at breakeven. - Bearish Cypher could activate near this area and short sellers will start building up some positions, 0.786 Fibonacci...
DBC already move 40% due to inflation. The Ukraine invasion has made it parabolic due to Russian sanctions which will affect energy like oil & natural gas & food components like wheat. The conflict will not end soon. Another 9% is coming to target 4x at 29.60. Due to oversold RSI, there may be some retracement or consolidation to digest the 40% gain before a...
Hello and welcome, in this video, we are going to see our overview on Commodity Market.
There has never in the history of capitalism been a time where the divergence between the monetary and fiscal policy is this out of synch with the economic circumstances. Central banks are flooding the markets with money which comes from nowhere as it's being digitally printed and has no productive counterpart whatsoever. The fiat system has totally destroyed the...
4 types of asset classes ... commodities, stocks, bonds and dollars