Natural Gas (NG) has lost over 63% in value since the peak in August 2022. It has been a rather sharp decline with a sizeable recovery in the middle before the decline resumed again. Today, we will take a look at Elliott Wave structure of the decline from August 2022 peak, show some charts from […]
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Elliott Wave View: Natural Gas (NG) Near The End of Correction
Read MoreNatural Gas (NG) is correcting larger degree cycle from June 2020 low. This video and article look at the Elliott Wave path.
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OIL Looking For More Upside To Form A Connector
Read MoreOIL is looking for more upside to form a connector in wave ((B)) bounce. This article and video look at the Elliott Wave path.
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$CC #F: Will Cocoa Prices Catch Up Those of Coffee?
Read MoreCocoa (or cocoa bean) is one of soft commodities, along with sugar, coffee, orange juice and cotton. The bean is the fully dried and fermented seed, wherefrom cocoa solids and cocoa butter can be extracted. Cocoa beans are the basis of the chocolate. One can trade Cocoa futures at ICE owned New York Board of […]
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ZL #F: Soybean Oil Ready for a New Cycle Higher
Read MoreSoybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable oil, basically, for frying and baking. Also, soybean oil finds applications medically and, when processed, for printing inks and oil paints. One can trade Soybean […]
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Best Commodities to Invest in 2024
Read MoreCommodities are the goods and raw materials that circulate on the global market, such as natural resources and agricultural products. They impact our everyday lives, whether we’re investors or not. Investors can also invest in commodities through the use of futures contracts or exchange-traded products (ETPs) that directly track the specific commodity index. There are […]
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$LBS: Lumber Prices Start a New Large Cycle Higher
Read MoreLumber, also known as timber, is a type of wood that has been processed into beams and planks. One can trade it in form of Random Length Lumber futures and options at Chicago Mercantile Exchange within the agriculture asset class under the ticker $LBS. In 2020, we saw commodities turning higher. Then, a medium term […]