Greetings from my vacation, where sometimes a little work goes hand in hand with relaxation. Commodities, led by oil, have bounced hard by daily charts, and while it does not…
Want to see some different flavors of bearish? Well here they are. The Financials are dropping to the neckline of a bearish pattern once again. I am already short (via…
I left the title of Tuesday's NFTRH+ post (now unlocked) vague because if I blare everything out publicly I no longer have a business because premium subscribers would no longer…
Unlike some people, I would not short gold right now because it's not a normal commodity, it is a counter-cyclical one not necessarily depending on inflation. But broad commodities are…
In NFTRH 447 we used individual daily charts for the CRB index and various individual commodity items. This was in order to better view details of the bearish (but bouncing,…
After the IBM stinker I could use something that is working; one of those is the short I took against crude oil, as noted in NFTRH a couple weeks ago. …
Lithium is getting pumped pretty good. It was an NFTRH+ highlight in January and my vehicle of choice has been SQM, which was noted yesterday as the only resources/materials stock…
We anticipated a bounce in Commodities and here it is, on cue. Emphasis on the word 'bounce'. We've got CRB to 187-189, if it is to be just a bounce. …
It seems that I don't post very much on oil (or Natural Gas, for that matter). These are covered each weekend in NFTRH; but yes it's true, I give oil…
While most things have gone right for me lately, one thing has not; at least not yet. And if DBA goes any lower it will not have a chance to…
First of all, it is not a top in crude oil; it is a potential top that has so far held initial support at its neckline. Secondly, if it does…
This pattern in USO is not at all pleasing. Interestingly, it comes just as the 'Golden Cross!' (of the 50 MA above the 200) hype was about to rev up. …
There is a lot of hype regenerating in the commodity/resources/hard assets patch. 'Core CPI is elevating and the Fed is behind the curve!' goes the pitch. Well maybe, but the…
The Megaphone or Reverse Symmetrical Triangle in crude oil fund USO looks interesting. These are usually thought to be reversal patterns. If that is what this is, it will end…