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 [...]
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 [...]
SGG (Sugar ETF) will be added as both an Active Long Trade as well as a Long-Term Trade Idea at current levels. Suggested stop below 29.00. Price targets listed below may be adjusted based on the charts of $SUGAR (spot sugar prices). With the potential for a bottom in sugar prices, additional price targets may [...]