With the US Dollar seeming to roll-over past it's 20-day, Commodity prices might continue their up-trend. Once setup i'm seeing here is in copper but wondering if this is an actual legit "1-2-3" chart setup. ($HG_F)
Cotton seems to be one of the hottest commodities at the moment with a YTD performance of +9.4% at 83.06, despite the strong U.S. Dollar, and the weak U.S. and European Markets. I'll be keeping this in my watchlist; allowing it to pull-back before going in. Notice the pull backs ...
Looking at the FC Orange Juice future contract here, and a couple of contradicting patterns jump out to me. First, we have a triangle formation which looks bullish. However, taking a look at the bearish MACD convergence makes me hesitate on going all Bull in this market. So to play ...
Based on the huge bull run last year, I'm leaning towards these markets retracing or being in a range for a while, before continuing their trend. On the bright side, this could be an opportunity to find favorable price levels to get back in. Check out the charts below for ...
Interesting Interview with Kyle Bass of Hayman Advisors on the increasing global debt of nations. My take on this is that this could this be an opportunity to get knee deep into actively trading currencies. I think 2010 and 2011 would show surprising currency trends.
