Tag: commodity chart analysis
Commodity Price Index Near Most Overbought Level In 45 Years!
The CRB Commodity Index has rallied sharply over the past 2 years.
And although the index is not near all-time highs, it is getting stretched...
Inflation or Deflation? Depends On What The Commodity Index Does Next!
Commodities were already in a slump when coronavirus hit in 2020. That crash sent commodities to the lowest levels in decades.
A quick economic rebound...
Will Natural Gas Price Reversal Mark Elliott Wave 4 Low?
The price of Natural Gas appears to be reversing course and looking to head higher once more.
Today, I highlight an ellipse buy signal that...
Energy Crisis Brewing? Oil & Gas Price Breakouts Stir Worries
The coronavirus crash in the spring of 2020 left crude oil and natural gas prices decimated. An energy crisis was but a remote thought...
Commodities Price Index Overheating At Important Resistance!
Rewind to March 2020 and things weren't looking so good for commodities. COVID-19 was in the news and several assets were trading sharply lower.
Then...
Commodities Rally Runs Into Big Breakout Test
Commodities Index Equal Weight "monthly" Chart
After a 9 year tail-spin, Commodities are starting to show life in 2020.
Precious metals have been very strong, and...
Commodity Index Rallies Back To Key Inflection Point
TR Equal Weight Commodity Index "monthly" Chart
After peaking in 2011, Commodities have traded in a tight declining trend channel.
The falling trend channel is marked...
Will Bullish Reversals Mark End to Commodities Crash?
TR Equal Weight Commodity Index "monthly" Chart
With the exception of Gold, most commodities have been struggling for awhile now.
But there's silver lining... and a...
Commodities Crash Sending Bearish Message About Economy to Hopeful Bulls
TR Equal Weight Commodity Index "monthly" Chart
Commodities have been hit hard in 2020.
There are few shining stars in this asset class. One of those...
Will The Commodity Index Get Rejected By Price Resistance Again?
Commodities such as Gold, Silver, Natural Gas, and Crude oil have been rallying since early August.
Though this overall asset class has been mixed (see...
