The following video provides technical analysis & trade ideas on various agricultural commodities via ETF, ETN, & futures. Silver or Gold level access initially required.
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The following video provides technical analysis & trade ideas on various agricultural commodities via ETF, ETN, & futures. Silver or Gold level access initially required.
Still holding SSG so I appreciate the analysis.
Randy. It looks like the Spy/ES is getting ready to break above it’s 1 month consolidation box (2983 should do it) if it does and we don’t have a quick failed breakout do you see the technical pattern playing out (Take the size of consolidation box and add it too the breakout point on the chart) If it fails we go to the bottom of the consolidation zone? rather quickly!! Any thoughts on this playing out??..Thanks for everything you do here for us!..Tony
Breakout Area
Breakout Area
Because I have suicidal thoughts I opened a position in DBA with a tight stop as suggested. However it’s interesting that commodity prices are getting close to 2002 lows. I’ve started reading on the reasons why prices on food exploded back in 2004-2008. Pretty interesting stuff.