GCC (Wisdom Tree Commodity Strategy Fund) is a great indicator for commodities direction. This Fund is positively correlated with Oil. Previously, we have mentioned the idea that the Fund reached the blue box area back in 03.2020. Since then, it has started a rally which looks like a nest. A nest is a series of […]

The Fed’s aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed’s GDP gauge now sees the second quarter running at – 2.1%. With the first quarter’s decline of 1.6%, this makes it two quarters in a row with negative GDP. This fits with the technical definition of a recession. As […]

Silver (XAGUSD) has resumed to the downside. This article and video look at the short term Elliott Wave path of the metal.

What are Commodity Stocks? Commodities are goods that are used every day such as food, energy, or metals. Commodities are raw materials used to create the products consumers buy, from food to furniture to gasoline or petrol. Commodities are  Commodities have also evolved as an asset class. Today investors have the option of picking from […]

Cotton is one of soft commodities, along with sugar, coffee, orange juice and cocoa. In early centuries, Alexander the Great has brought cotton from Pakistan to Europe. Much later and finally, it has obtained the dominance in textile manufacturing during the British industrial revolution in the 18th century. It was so critical that at times of Civil War […]

The Gold to Silver Ratio (AUG) is always a good indicator of the path of commodities and the $USDX. The ratio found sellers on March.2020, and the peak agrees with the peak in the $USDX back in 03.2020. As we can see, the Ratio did a five waves decline, and now it is correcting in […]