Commodities Analysis & Opinion

Live CattleApril live cattle gap opened higher on Wednesday, March 22, 2017, (Tuesday high -120.075 – Wednesday low – 120.15) and never looked back as it reached its allowable limit up...

Key Points: Double bottom structure seems to be forming. Ascending trend line should now come into play. US Inventories build has likely delayed the rally. Oil prices look to have finally found a...

Gold is on target to rack up its 6th straight day of gains on the back of doubts over US President Donald Trump’s planned policies as well as an unexpected attack committed on the British...

Like most of you who trade oil futures I like to keep current on a host of supply-demand related data points. From active rigs counts, US weekly production totals, and demand forecasts, I read them...

As mentioned in yesterday's article, gold in USD finally resumed with its uptrend and broke easily the 68.2% fibonacci retracement (+/-1237.50) (1) on the daily chart gaining more than $17 (its 2nd...

Good MorningChris Prentice of Reuters reported yesterday Renewable fuel (D6) Renewable Identification Number (RIN) credits jumped as high as 60 cents apiece according to traders, as the 2017 biofuels...

Copper was quick to recover from the 2009 low as it rocketed higher. That ended at a peak in early 2011, up about 200% from the low. But then when the equity markets continued to move higher copper...

Health Care and OilNormally when oil makes a decisive move it is usually because oil inventories, or a headline out of the Middle East. Yesterday oil moved because of Health Care uncertainty. Speaker...

On March 25-26 the monitoring committee for the OPEC-non-OPEC oil production agreement will meet in Kuwait. This meeting comes amidst recent volatility and a drop in oil prices to below $50/barrel for...

Today natural gas has to face double chart resistance (circled chart points) as well as Fibonacci resistance. Original post

Crude oil still not on our target trendline Original post

Gold attempting to break resistance and confirm a bullish reverse head and shoulders. Original post

.U.S. Cold-rolled coil prices since 2012. Source:MetalMiner IndX U.S. Cold rolled-coil prices rose to their highest levels since March of 2012 this week. Spot steel prices saw some upward action in...

Mexico’s state oil company, Pemex, is a perfect example of the ongoing collapse in the global oil industry. Falling oil prices and declining production are putting severe pressure on the...