Commodities Analysis & Opinion

Good Morning!Looking ahead to a barrage of reports today starting at 7:30 A.M. with the U.S. Trade Balance followed at 9:00 A.M. by Factory Orders and ISM Non-Manufacturing Index. At 9:30 A.M. the API...

On the 4H chart of natural gas, we are looking higher as direction and wave pattern looks very clear. There is a strong upward movement since mid December followed by current sideways price action...

For oil, the new year could hardly be described as happy, as the relentless decline in prices continues. December’s pause is now starting to fracture as February’s WTI contract picks up...

Gold: Here is a technique for confirming an intermediate cycle bottomBelow you find the video

Soybeans first resistance at 863/864 but above here meets stronger resistance at 866/867 and the main challenge for bulls today. Shorts need stops above 869. If we continue higher, look for the next...

Corn March so far unable to make a break above first resistance at 354/355. If we continue higher look for stronger resistance at 357/358 and the main challenge for bulls today but shorts need stops...

Construction spending fell in November for the first time in nearly one and-a-half years, suggesting the economy ended 2015 with less momentum than previously thought.Our Construction MMI fell 3.2%,...

Gold trades below SMA50 despite stabilizing above SMA20 and above 1077.00. SMA50 stopped the bullish actions and thus, ADX showed negative sign although RSI remains positive. We see inappropriate...

WTI Crude now oversold short term with first resistance at 3635/39 but above here targets resistance at 3675/80. We should struggle here today but if we continue higher look for a selling opportunity...

Gold holding first support at 1075/74 re-targets strong resistance at 1079/80. This is the most important of the day and again shorts need stops above 1084. A break higher however is a buy signal...

This past year was a difficult one for the global energy sector. In 2015, the price of WTI crude and the price of Brent crude fell by 30% and 35%, respectively. The decrease was less significant for...

How goes the bull market in gold and silver? Believe it or not they are still in a bull market, though after the past three years I expect most people understand the current decline as a bear market....

Lean hogs, an term used for butchered pigs regardless of paunch, has been trending lower on ample supplies and sluggish export demand since July 2014. These trends that the 'fundamentalist' define as...

In a stunning development, the Comex Registered Silver inventories experienced a large one day decline yesterday. Nearly 10% of total Comex Registered Silver inventories were removed from the exchange...