Posts tagged 'Commodities'
Commodities in 2017 - Cheap against Equities?a guest article byJEFF DESJARDINSJeff Desjardins is a founder and editor of Visual Capitalist, a media website that creates and curates visual content on investing and business.WEBSITEIf you’re looking for action, the commodities sector has traditionally been a good place to find it.With wild price swings, massive up-cycles, exciting resource... read more
Longer-term signals have been bullish of Gold so far this year.The sell-off since the all-time high in 2011 at 1921.5 has attracted buyers back to the market in 2015 and 2016 from close to 1087.5. a key 50% pullback to the entire 2001-2011 ten year bull-run.Updates on 23rd January and 10th Feb have continued to highlight... read more
GOLD - testing 1st bullish targetA quarterly Shooting Star at last year’s high which had come from just below Ichimoku Cloud Cover and then the break of the Q3 low switched longer-term signals for GOLD to bearish in the last half of 2016. However, the subsequent sell-off has stalled from close to a 50% correction to the... read more
Crude - Sellers return at 62% pointThis year's trading has been dominated by a reaction to negative technical divergence that resulted in a Double Bottom and a rally of almost $16.Crude was bought to higher levels for 6 weeks in a row and recovered 62% of the October - January/February deterioration. But that level has capped... read more
...3cA signals for Crude Oil have been bearish on our Trend Table page for some time. However there are some early signs that sentiment may continue to improve since January's 13 year low at 26.19. Last week's rally has formed a bullish Hammer and this week's gains have ended a sequence of lower weekly highs. Along... read more