Although I just published video covered of the commodity ETNs a few days ago, there have been some significant technical developments since, with many of the grain ETNs pulling back to support levels which might provide the next objective entry. This video only covers the agricultural commodities (no oil, nat gas, metals, etc..). The following [...]
The following video covers both the near & longer-term outlook for various commodity tracking ETNs & ETFs. In addition to stand-alone swing trading opportunities, commodities can also provide diversification within an investment portfolio or trading account due to their low correlation with stocks, bonds or other asset classes. The following ETP's are covered in this [...]
The following notes & charts outline the entry criterion, price targets, suggested stop & beta-adjusted position size for a swing trade in SGG, Sugar ETN.
Watching for an impulsive breakout above this bull flag continuation pattern following the recent bullish falling wedge breakout on SGG (Sugar ETN). Unofficial trade idea at this time although SGG is under consideration as an official trade idea. Price targets would be the same as the recent long swing trade that was stopped out just [...]
We had a brief & shallow stop run on the SGG (sugar ETN) Active Long Swing Trade last week with the ETN printing a weekly close back above the stop level & sugar still looking ripe for a reversal soon. That resulted in a relatively minor loss of 3.6% as I was keeping stops tight [...]
Although we don't have any technical evidence of a bottom or potential reversal, I believe the R/R for a long entry on SGG (Sugar ETN) here at support is favorable. SGG will be added as an Active Long Swing Trade around current levels (~28.40). The current price targets are T1 at 30.96 & T2 at [...]
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 [...]