Commodities vs US Dollar: As can be seen in in the chart above, when commodities are measured against the US Dollar, the price ratio (DBC/UUP) failed to move higher in recent sessions, and is struggling to re-test its 20-Day EMA (Green) and 50-Day EMA (Blue). See Commodities at a Crossroads? (Part 2) for our commentary
In current market conditions we are expecting higher volatility in equities due to ongoing issues, during times like this diversification is key. See commodity tracking fund index above for security + growth over coming months Expecting to see $18 in the near future I am still dollar cost averaging in equities but adding this index to portfolio is key to...
Crude oil has been getting absolutely walloped for weeks now, having lost over a third of its value recently. Looking at the chart of USOIL I recently posted, it seems to me we are definitely primed for a bounce. The bounce will ultimately fail, but we’re really, really oversold at this point. One thing I noticed is that the commodity ETF, symbol DBC, has...
Based on my analysis I see commodities markets offering investors above average returns heading into the next decade. During the expansion of our economy from 2008, prices in the commodity market have been fairly low and producing dismal returns. This is ranging from several factors such as energy prices falling, subsidized farming, the price of precious metals...
Following a pretty clear trend down, I expect to find near term support, retrace and follow through
After the big buy volume in Feb, they try to shake the bulls off, then slowly creating uptrend. It started to break out this week on ascending triangle (blue lines), and previous price level from Jan. (orange line), and uptrend channel mid0line (green lines) and there’s also a weekly trend line from back in June 2017 (not shown). As of now, MACD is positive,...
After the big buy volume in Feb, they try to shake the bulls off, then slowly creating uptrend. It started to break out this week on ascending triangle (blue lines), and previous price level from Jan. (orange line), and uptrend channel mid0line (green lines) and there’s also a weekly trend line from back in June 2017 (not shown). As of now, MACD is positive,...
DBC based on technical analysis of stock selection, week macd Jincha, but also heavy volume, so to buy on the approach Exit mode: day ma20 below and bend down
This commodity basket ETF shows a grinding decline followed by a couple of years of basing. A triangle breakout has occurred with a backtest underway. Good reward:risk trade targeting $20 minimum. Interesting to see commodity prices picking up in this age of "no inflation" :)
The recent commodities price recovery have given these etfs a push, this etf has just broken a strong resistance level, so it could continue higher
Heikin-Ashi signals some pause. If it retraces to 14,90-15,05 zone, look for a buy signal in line with the bullish trend! DO NOT short it!
Break trend line, I believe will continue to trade higher to $17.