LPLA trade ideas
Coffee rounded bottom almost complete. Breakout expected soon.Will we see a breakout from this 3 year rounded bottom?
natty bo! you can always buy after the rally has begun, the market always give you a second change to enter (or exit)
Corn - reasons why it could be bullishETF Corn is in the middle of a pullback, but is it bullish and due for a trend reversal above 1.30?
GreenGateFX - NATGAS - DailyWe identified what could be a large cup and handle on the daily time frame, as we suggested the price moved up to resistance levels and face a heavy rejection. We are now patiently waiting for it to hit that support level below.
GreenGateFX
GreenGateFX - NATGAS - DailyIs this possibly a huge cup and handle on the daily?! Lets see how this plays out.
GreenGateFX
Crude oil ETC (CRUD) UpdatesThe negative trend that seemed to be pointing towards the up trendline created in November 2020 has been stopped in the last two weeks.
Various macroeconomic aspects are complicit, most recently the hurricanes that hit the Gulf of Mexico and slowed down the recovery of Brent production.
By the way, Crude oil has dropped a few points in the last two sessions, given the gradual but continuous recovery of US offshore production.
The trend remains bullish in the medium to long term, with the price of this ETC which is about to test the resistance created on the € 5.75 price level corresponding to $ 75.5 per barrel of the reference future (CL1!).
If the price were to break this price level, it would quickly reach € 6 and then aim for 6.50, which is very important in terms of volumetric analysis.
Obviously, crude oil production in this last quarter must be monitored.
In fact, historically, seasonality suggests a rather important decline between October and December, although we must remember that the coronavirus was the classic black swan that shuffled the cards.
Happy trading.
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Are Natural Gas longs taking their seats?Big spike in volume could mean Nat Gas longs are taking their seats.
Crude Oil (CRUD) UpdatesQuick update on crud oil (the investment is on the "CRUD" ETC as you well know).
No fundamental news from OPEC, so let's analyze the chart, because we have reached an important point.
After the retracement practically lasted from 6 to 20 July, the price with a classic "V shape" is returning to the 5.80 area.
I highlighted a similar situation in the past when in May, after some profit-taking, there was a double top in the € 5 zone.
It is not certain but it is highly probable that such a situation will repeat itself when the price touches the previously mentioned level.
As far as I am concerned, I have already said that I consider the level of 8 € the real target, but obviously, we are talking about a raw material, very linked to what is happening in the world, in a moment of recovery, but recently threatened by the Delta variant. of the virus.
A very uncertain picture and the markets generally don't like uncertainty.
We must constantly follow the news and check that the price does not fall below the level of 5. 05 that I recently traced. In fact, this could mean a trend reversal and for many who may have an entry price close to that level (possible since it was a breaking point of an important resistance). a risk of a possible loss.
But by far, August 1st, the price has returned to the uptrend channel clearly visible on the chart, which I have drawn. This we know.
In an ideal scenario, there should be a strong break with a daily candle closing above 5.80. If accompanied by volumes it would be a clear signal of continuation of the trend.
In the event of a retracement, for those who have been investing for a long time, the most interesting levels to add positions are 4.577 (green line on the chart) and the SMA 200 moving average.
I remember that we are talking about a commodity, so the scenarios could change radically at a fundamental level, so if you were long, follow the economic calendar, the trend of the dollar, and the seasonality very carefully. however importance.
Lazy Bull
Agricultural Commodities in the RiseThe bullish flag pattern was resolved. Continuation of the bullish trend seems to be very likely.
Coffee has been the inflation laggardWhile the debate between inflation vs deflation continues, I'd prefer to focus on the data and the price action, We've seen a lot of inflation in the data, which has been reflected across the commodity complex. The 2 laggards have been Coffee and Natural Gas.
Now this may well roll over as growth slows in Q3 (mathematically it has to)..but given another CTRL - Alt - Print from the Fed let's see the impact on $USD and if we get continuation in upward trending commodities.
Personally I'm in the 'inflation is stickier than the central banks may think' camp....for now.
Natural gas reversalHeres to hoping this is a solid reversal and breakout into a fruitful stage 2 uptrend
Soyaoil should be uptrending, but maybe now we see it cheaperSoya oil should be trending up even 2022+, even according to worldbank it is a commodity with upward move (intependend to inflation or not).
www.worldbank.org
But currently we have an MACD divigency, which may show a larger drawdown... I add an alert for later.
COFFEE - CUP AND HANDLE FORMING Interesting pattern forming in Coffee. After a long "Rounded Bottom" a Handle has emerged that looks to be consolidating. Will be interesting to watch in the coming days to see if this pattern can be sustained - macro support from weakening USD and supply side constraints will support continued momentum.
The big LongRiesige positive Divergenz im Wochenchart und vermutlich zeitnaher Bottom bei den zyklischen Linien. Zudem ist Kaffee inflationsbereinigt etwa so teuer wie im Jahre 1975!
Akkumulieren JETZT!!!
G. Hunkeler
Is COPA winding up for a breakout? #copperStill needs to break 31 though, but has found resistance at 25.53, its 200 EMA
HOGS establishing a bottom?Is March 2020 to Oct/Nov 2020 enough to establish a bottom and a reversal?
Wait and see.
Wheat: The most bullish commodityCentral banks can print currency but they can't print wheat!
While tech and high growth stocks were in favour during the economic expansion, hard assets and necessity goods are likely to be in favour during the stagflationary period to come. Even in a recession, people need to eat!
We have broken the 2009 downtrend and formed an inverse head and shoulders as a base. If wheat follows gold's lead to all time highs there are +900% grain gains ahead!
Carbon etf - bullishAnother obscure ETF from my home country but I like the look of the chart. 5th wave due or another leg down for the correction or something totally different. I don't know but I will be watching for signs that my count has any validity.....
