Many elements of the commodity complex, when a cycle starts after a coiled low point... it's hard to stop.
Still some fuel to run hot!
Still some fuel to run hot!
Note
Notice how different commodities spike at different moments. Keep an eye on wheat and sugar. Until they spike above the horizontal line, we haven't yet seen the highs of incoming price increases.Where is the central banks price stability? All an illusion.
Note
As noted by an astute viewer, wheat label should be coffee.
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✅Industry-leading technical analysis
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Use discount code "TRADINGVIEW" and get a lifetime 50% discount on PREMIUM plans
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✅Market commentary
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✅Podcast Reviews
Use discount code "TRADINGVIEW" and get a lifetime 50% discount on PREMIUM plans
🔗northstarbadcharts.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.