FCOJ: Frozen Concentrated Orange Juice Prices Should Climb Higher
Orange Juice is a liquid extract of the orange tree fruit which is produced by squeezing or reaming oranges. It became a standard consumption good in the world but the…
$CC #F: Bullish Sequence to Push Cocoa Prices Higher
Cocoa (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…
$LBS : Lumber Prices May Explode Real Estate Market
Lumber, 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…
Elliott Wave View: Oil (CL) Wave (5) Rally in Progress
Elliott Wave in Oil (CL) suggests the rally from April 23, 2020 low is unfolding as an impulse Elliott Wave structure. It is currently still ending wave ((3)) from April…
Elliott Wave View: Silver Pulling Back within Bullish Trend
Silver (XAGUSD) formed a high on February 1 at $30.09 during the reddit #silversqueeze event. Since then, the metal has continued to pullback. The decline from February 1 peak is…
LE #F: Meat Prices to Double as Live Cattle Prices Rally
Live Cattle is a livestock commodity within the agriculture asset class, along with lean hogs, feeder cattle and porc cutouts. Once the feeder cattle have reached the target weigh of…
Elliott Wave View: Further Downside in Gold
Gold has been consolidating for 6 months after forming the top at $2075 on August 2020 and the low at $1764 on November 2020. Today, the metal has finally broken…
Silver Should Outperform with Break Lower in Gold-To-Silver Ratio
Gold-to-Silver Ratio is simply gold price divided by silver price. After spiking to all-time high at 126.4 on March last year to 126.4 due to the fear of Covid-19 pandemic,…
Elliott Wave View: Silver Broke to 52 Week High
Silver has made a new 52 week high this week suggesting last year's correction is over. From the 60 minutes chart below, we can see the rally from January 18…