Lithium ETF (LIT) is Under Pressure By Market Downtrend
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery…
FCOJ: Frozen Concentrated Orange Juice is Bullish
In the previous articles from March and November 2021, we have discussed the price action and the outlook for the Frozen Concentrated Orange Juice. As it has been expected, the…
$USDX: The Index Structure Showing an Opportunity to Buy Commodities
The Dollar Index ($USDX) shows five waves since the low on 03.01.2008, which will provide many signals across the Marketplace. Below is a monthly chart of the Dollar Index $USDX…
ZO #F: Oats Futures Trade Within Weekly Buying Area
Oats are one of the grain commodities, along with soft red wheat, hard red wheat, corn, soybeans and others. The oat (Avena sativa) is a species of cereal grain grown for its seed. While oats are suitable…
Elliott Wave View: Oil (CL) Has Reached Daily Support
Decline in Oil (CL) from 7.20.2022 high is unfolding as a zigzag Elliott Wave structure. Down from July 20, wave A ended at 87.01 and wave B rally ended at…
HE #F: Pork Prices to Double as Lean Hogs Prices Rally
Lean Hogs is a livestock commodity within the agriculture asset class, along with live cattle, feeder cattle and pork cutouts. One can trade Lean Hogs futures at Chicago Mercantile Exchange…
Elliott Wave View: Near Term Further Weakness in Silver
Short Term Elliott Wave View in Silver suggests rally to 19.43 ended wave 2. Wave 3 lower is in progress to complete a cycle from August 14th, 2022 high. Internal…
Platinum (PL) Has Resumed Lower
In Jackson Hole speech last Friday, Fed's governor Jerome Powell indicated that the Fed is serious in fighting inflation and will not pivot early. He also suggested that further hikes…
Elliott Wave View: Gold (XAUUSD) Still Has Scope for Further Downside
Short Term Elliott Wave View in XAUUSDÂ suggests rally to 1765.59 ended wave 2. Wave 3 lower is in progress to complete a cycle from August 10th, 2022 high. Internal…
