Blog Archives

Palladium … Culled From The Herd

So what’s going on with Palladium? Looking back at history, all major metals hit an intermediate peak in the first half of 2008, followed by an intermediate bottom in late 2008, most moving to new highs into 2011. Palladium’s ability

Posted in Copper, Gold, Metals, Palladium, Platinum, Silver, Uncategorized Tagged with: , , , , , , , , ,

US Dollar Index … Approaching A Crossroad

We seldom comment on the US Dollar Index (symbol: DX), however we do track the index closely to understand the potential influence on US Dollar denominated commodity prices. The US Dollar Index is approaching a crossroad in the $89.71 to $92.41 range. These levels

Posted in Ag/Softs, Coffee C, Copper, Corn, Crude Oil, Energy, Equities, Gold, Metals, NASDAQ 100, Natural Gas, NY Harbor ULSD, Platinum, RBOB Gasoline, Renewables, Rice, S&P 500, Silver, Soybean, Sugar No.11, Uncategorized, Wheat Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Copper … Support Fails, Lower Prices on the Way!

Copper futures (symbol: HG) have broken critical support at the $2.9275/lb level this week. Expect continued trade lower with a test of the $2.72 level, and possibly the $2.385 level. One signal the trend lower has reversed would be a

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Consolidation Overload!

Portfolio managers across the globe will tell you they’d take a trending market any day over a market in consolidation. Markets in consolidation are difficult to trade, especially for the hedger. Prices will often provide false breakouts while volatility and

Posted in Copper, Crude Oil, Energy, Gold, Metals, NY Harbor ULSD, Platinum, RBOB Gasoline, Silver Tagged with: , , , , , , , , , , , , , , , , , ,

Copper … Powerful Move on the Horizon

Copper futures (symbol: HG) have been in consolidation mode since Feb11. The descending, flat triangle pattern is now bound by the $3.25/lb range on the upside and the $2.95/lb range on the downside. The most recent move down from the

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