Tag: Renewables

Crude Oil … Due for a Bounce

Crude Oil futures (symbol: CL) are due for a bounce. All petroleum markets are in deeply oversold condition. We’re targeting the $64-75/bbl range. The aggressive selling in Crude Oil during the second half of 2014 is part of the final

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Lithium: The Key Ingredient Powering Today’s Technology

Presented by The Visual Capitalist and Dajin Resources Corp. Courtesy of: Visual Capitalist

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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

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Corn … Approaching Major Support

Corn futures (symbol: C) continue trading aggressively lower after breaking the long-running uptrend line dating back to Dec05, which originates at the $1.8575/bushel level. Quoting from our 01Jul14 post, “A potentially huge buying opportunity is on the horizon for corn, however,

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No. 11 Sugar … Poised for a Rally

After three solid years of consolidation, No. 11 Sugar futures (symbol: SB) appears poised for a rally. Sugar prices peaked in Feb11 at $0.3608/lb, falling 61% to $0.1407/lb in Jan14. A rally looks probable given the following observations: prices have

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