Commodities Analysis & Opinion

Pricing in Catastrophic CollapseWe accurately predicted that the beginning of the New Year would bring in a bunch of new money into the oil market, and it is all from the short side seeing just how...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). WTIC closed at 31.41, down 5.35 and its lowest in over 12 years. The price of Regular and...

It’s been a roller coaster ride of a day for markets, starting with gut-wrenching volatility in today’s particularly low-liquidity Asian session. While US stocks see-sawed their way to...

The price of Brent crude oil continues falling while it is trading at its 10-year lows. The price is falling amid excess of supply on the market, expectations of further US dollar strength due to...

Good Morning!In the overnight electronic session the March corn is currently trading at 354 ¼, which is 2 ¾ cents lower. The trading range has been 357 ¼ to 353 ½ so far....

I recently wrote about the tendency for natural gas to show weakness during the following period:*The period from the end of January Trading Day #5 through the end of February Trading Day #11 has...

Awaiting monthly report from US Agricultural DepartmentWheat prices are edging up from the 5 and 1/2 year lows. Previously they lost 10% from mid-December amid favorable weather and stricter import...

Wheat made it as far as short term Fibonacci resistance at 482 overnight. This the main challenge for bulls today in short term overbought conditions so a high for the day could be seen here already...

Corn March strong resistance at 355/356 is key to direction today. Shorts need stops above 358. Be ready to buy a break above here to target strong resistance at 360/361. Try shorts with stops above...

Gold Weekly forecast Main scenario:The pair is trading along a sideways trend between support 1095 and resistance level 1133.A downtrend will start as soon as the pair drops below support level 1095,...

Gold stabilized above 38.2% Fibonacci at 1101.00, which is positive and the bullish signals appear on ADX along with trading above moving averages. Therefore, we will be bullish, targeting 1118.00...

Oil bearishness came back into focus according to ADX readings along with continuous attempts to hit 32.50. Stable move below 32.50 will weaken 30.00 psychological and 29.60, while 34.20 is the key...

Our Stainless MMI fell to 52 from 54 in January. Nickel is hovering near 12-year lows. Not even a weaker dollar helped lift prices over the last month.The US flat-rolled stainless mill base price...

Our Rare Earths MMI fell .06% to 17 this month, yet another all-time low.Rare earths prices have been in free fall ever since China removed export quotas on the minor metals that are key components...