The following charts & notes include analysis of select agricultural commodity ETNs (WEAT, CORN, SOYB, JJG) that appear poised for significant gains in the coming months. Price targets & key technical levels included.
This video begins with the near-term outlook for the US stock market via SPY, QQQ & IWM followed by coverage of the following stocks, sectors & commodities that stand out as potential trading opportunities at this time: WEAT, JJG, DBA, CHOC, NIB, $COCOA, FCEL, DDS, M, AZPN, NVDA, SMH, IPI, MOS & POT.
The outlook for the US stock market via SPY, QQQ, & IWM followed by analysis on GLD, GDX, SMH, WEAT, JJG & DBA.
As a follow-up to the 2017 Agricultural Commodities Outlook published on January 2nd as well as an inquiry from @nj1957 in the trading room on JJG, here's my outlook along with the recent developments & outlook for JJG (Grains ETN). JJG broke out above the mid-2016 to early 2017 basing pattern yesterday & remains above [...]
Going forward, I plan to do regular updates covering the most attractive sectors, commodities and/or countries as well as the most bearish (for short trading opportunities). In doing so, I will cover the tracking ETFs, which may help less active traders & investors, as well as those the prefer the simplicity & diversity afforded by [...]