Commodities Analysis & Opinion

September crude oil made an early weak attempt at a rally on Thursday, July 28, 2016, getting up to 42.22 before failing and breaking below the 50 WMA now at 41.61. Once crude broke below the 50 WMA...

GoldGold looks strong—that's the easiest way to put it. There's a lot of factors adding to gold's strength, the Fed decision to maintain interest rates at 0.5% being a new addition. Holding gold...

Thursday's natural gas exploded to the upside in reaction to a much less-than-expected build in inventories during the past week, which has goosed prices above key, near-term resistance at 2.82 into...

Good Morning!As we hunker down and wait to see what weather risk is next, Mother Nature is far from done in showing who the boss is. On the Grain front whispers of China tendering a large offer to buy...

On the 4H chart of Cotton we are observing an idea, where a corrective retracement is taking place. Here we believe this correction, wave iv) may see support and a reversal higher around the 38.2 or...

Royal Dutch Shell (LON:RDSa) earnings missed expectations by a billion dollars and the result may be more cutbacks in capital spending. That was a 72% drop in profits. The big miss follows...

Crude Oil continued the downward channel and broke below the lower-bound and now is overlapping with the previous high that needs to be labelled wave a instead of wave 1.Crude 4H Chart - July 28,...

Gold sees nice rebound from supportOriginal post

Crude oil had a very strong move higher off of a bottom at the beginning of the year. 6 months into the rally it had moved almost 100% higher. Everything was looking up. And then it started to roll...

Gold price has bounced towards $1,350 as we expected after breaking above $1,325. Price has reached the 50% retracement of the decline from $1,375 and is expected to reverse lower again to new lows...

Crude oil (in black) diverges from industrial metals (in red). Source: MetalMiner analysis of @Stockcharts.com data. Historically, crude oil prices have moved in tandem with industrial metals. Why is...

Domestic oil inventory rose in the latest week, updates from the US EIA show. That build broke a streak of nine consecutive weekly draws dating back to mid-May. It is not unusual for oil inventory to...

Cotton (via iPath Bloomberg Cotton Subindex Total Return Exp 24 Jun 2038 (NYSE:BAL)):Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise...

A new report attempts to quantify government subsidization of Chinese steel and the Fed has left interest rates alone again.Steel Associations Release Chinese Subsidy ReportFive of the leading...