Commodities Analysis & Opinion

Oil attempts to incline, influenced by stability above 30.00 psychological and above the technical support of 29.60 that meets 161.8% Fibonacci. RSI shows oversold signal and need a relief, but ADX...

Crude Oil has Formed a Megaphone Bottom (Blue) within its Red Falling Megaphone Oil has formed a megaphone (blue) within its red falling megaphone, which is the last wave down of a big falling wedge...

Last month, the Federal Reserve confirmed what many expected with regard to increasing the base interest rate. The US Federal bank rate was doubled from the previous 0.25% to 0.50% in an event that...

Inventory ReportToday we had another bad inventory report, and this is to be expected as we are in the weak period for the oil market, from a seasonal demand and refining demand standpoint. I am not...

The implications of this 60 year quarterly chart for the CRB index is staggering if it completes this impulse move down which so far has been working out beautifully. Again on this massive time scale...

Arch Coal, one of the biggest coal companies in The United States, entered Chapter 11 Monday morning, Jan 11. A prominent law firm, Davis Polk & Wardwell, will be taking it through the process, as...

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.On Tuesday, crude oil lost 1.77% ahead of the release of the API weekly inventory report. As a...

With winter in full swing, we've been thinking about the cold weather and thus our heating bill. Commodities saw their prices drop in 2015 with a 41% decline in energy. With the warmer weather this...

At 63% below the 200 week moving average, the price of oil has gone "parabolic" to the downside.silver is due for an intermediate degree rally. When it begins it will take gold and the miners with...

Gold price continues its downward slide, diminishing the chances of the bullish scenario of an impulsive wave up. So this upward bounce is most probably complete with an A-B-C correction and an...

LeBron James can do a lot of things. Play basketball, drive a lifetime endorsement deal, fund 10,000 college scholarships, and even act in a movie. But ask him about where the bottom is for crude oil...

Generally I am one to follow the money flow and ride the trend, but the market internals in the S&P 500 and other developed markets had become so oversold that the risk to reward trade off had...

Gold trades near 23.6% Fibonacci at 1080.00, which is a very decisive level for today’s trading. ADX shows the ability to crossover negatively, while RSI is negative, attempting to breach 50.00...

Crude Oil retraced mildly after touching areas below 30.00 psychological, but this bounce doesn’t affirm the bullish recovery start, as oil is still stable below the previous broken support at...