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 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 […]

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 options at Chicago Mercantile Exchange within the agriculture asset class under the ticker $LBS. Currently, we see commodities in general, and metals and energy in […]

Oil has made a new high and continues the impulsive rally from April 2020 low. This article and video look at the Elliott Wave path.

Silver is still correcting as a zigzag from February 1 peak. This article and video look at the short term Elliott Wave path.

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 1050-1500 pounds, they can be referred to as fed or live cattle. One can trade Live Cattle futures at Chicago Board of Trade in contracts […]

Gold has broken below last year low suggesting it has further downside. This article and video look at the Elliott Wave path.