Commodities Analysis & Opinion

WTI Crude outlook now negative with further losses expected to target 4355/50 and minor support at 4290/85. We do NOT want to try longs here and if we continue lower look for better support at 4215/10...

Corn is a staple of the US economy. Here in the Midwest the debate every year is between how much corn to plant and how much soybeans. That decision was many months ago. Now farmers are sitting back...

October Crude Oil broke through and closed below trendline support on Wednesday, September 14, 2016, trading down to 43.42 and settling at 43.58.I think the market is still reacting to the...

Yes, Copper has been a disastrous commodity, largely because it is closely linked to the health of the Chinese economy.Let's notice on the enclosed daily chart that Copper has been in a period of...

Good Morning!Central banks, government regulations and free trade are the epitome of a Freudian Slip if said in one sentence. Government regulations and taxes burdening farmers of what they plant and...

Copper is often viewed as a decent indicator of economic conditions. Over the past 5 years, ole Doc Copper has made a series of lower highs and lower lows. Is copper telling us something...

Gold indecisive in the middle of the bullish “flag”Original post

Rebound DelayedOil prices are recovering after getting whacked from The International Energy Agency (IEA) report that lowered demand forecasts for the next two years. The reason we are rebounding is...

Oil prices changed course and attempted a recovery in the Asian trades, after having slumped 3% on bearish monthly reports from both the IEA and OPEC. On Tuesday, oil prices rallied 3% after both the...

I have not looked at Natural Gas in a while. As a mid-westerner now, I use it in my house to cook and for heat during the winter. But with August being the hottest month ever on record in Cleveland...

Central banks remain the focus for markets on Wednesday, with the Bank of England announcing its latest policy decision tomorrow and the Federal Reserve next week.It’s looking a little quiet on...

Copper received a much needed boost overnight from China with both factory output and retail sales increasing at a faster pace than expected in August, supported by strength in the housing market and...

Bullish inverse head and shoulders to possibly act as a continution of the natural gas bull market.Original post