Commodities Analysis & Opinion

WTI Crude has pushed higher, as crude futures trade at $37.69 per barrel in Tuesday’s North American session. In economic news, CB Consumer Confidence surged to 96.5 points, well above...

Gold is being capped at the 1071 level. This may or may not lead to one final attack to drive it to 1030 before the paper shorts get out of the way and let another bear market rally begin.

Good Morning!Turnaround Tuesday? Well maybe… In the overnight electronic session the March corn is currently trading at 360 ½, which is a ½ of a cent lower. The trading range has...

The Saudis cut but it’s not what you think. It's not oil production but spending as they try to get their budget under control as plunging oil prices are tearing them apart. Saudi Arabia said it...

As expected, crude oil finally fell to a new low of 2015 as downtrend progresses within red wave 5). We are tracking a five wave movement from 51.00 that is still unfolding so we assume that current...

The selloff in the oil price overnight and the drop in Chinese equities yesterday seems to have put a bit of a pause on last week’s gains in US markets. This is setting Asia up for a weak open....

Silver: I'm of the opinion that the metals have probably formed at least an intermediate bottom, and are ready to generate a trade-able rally over the next 4-8 weeks.

The "good news" for oil is that last week's up-move exhibits bullish form from $34.12 to $38.28, which if accurate, means that after the current pullback runs its course, oil should embark on another...

Good Morning!Crazy weather across the country this past week and varying conditions depending in which part of the country you spent your Christmas holiday. As I tracked north to Wisconsin looking at...

Metals have probably formed at least an intermediate bottom and are ready to generate a tradeable rally over the next 4-8 weeks.

Not Very DemandingOil prices are giving up recent gains as weak demand fears are wiping out recent market optimism. Not only did we have weak weather demand in the U.S., weak industrial data in China...

Not Very DemandingOil prices are giving up recent gains as weak demand fears are wiping out recent market optimism. Not only did we have weak weather demand in the U.S., weak industrial data in China...

GoldTrading is limited around SMA20, but below 1078.00, which keeps the neutrality in favor along with strong descend on ADX. As for RSI, it moves just below 50.00 levels and thus, we prefer to...

Oil declined, trading below 37.75-previous low-, which is very negative signal along with negative signs on ADX and RSI. However, we see oil trading above moving averages and above the descending...