This video highlights some of the potential swing trading opportunities that stand out at this time. Covered in the following order are: Crude oil & the energy sector via /CL (crude futures), XLE & XOP gold & the US dollar via /GC (gold futures) & the EUR/USD forex pair various agricultural commodities via /ZW (wheat [...]
This video covers the near-term outlook for some potential swing trading opportunities at this time with analysis on various stocks, ETNs, commodities and futures contracts. Covered in the following order is the outlook for: The precious metals & mining sector via the charts of /GC (gold futures), EUR/USD (euro-US Dollar pair) & GDX; Crude oil [...]
The following notes & chart outline the entry criterion, price targets, suggested stop & beta-adjusted position size for both a swing trade as well as a potential trend trade in NIB, Cocoa ETN.
Analysis & trade ideas with buy points & price targets on various commodities & commodity tracking ETNs.
This is the 5th & final video for today covering the sectors & commodities that look to either be setting up or currently offering objective trading opportunities. This video starts out with a quick look at the charts of natural gas & gasoline followed by updates on the various agricultural commodities that have recently been [...]
As mentioned in this morning's market update, various agricultural commodities appear to have some of the most attractive R/R profiles right now, especially for long-side trades. The charts seem to indicate that many of these ag commodities appear to be setting up for attractive swing trades with rallies that could last several months & even [...]
NIB (Cocoa ETN) was a recent long trade that reversed after hitting the 2nd price target, going on to make another potential divergent low. The price action over the last few days appears that NIB may have bottomed last Thursday. See $COCOA daily & NIB 60-minute charts for additional technical levels & developments to watch [...]