Category: commodities

love-coffee 1

Who wants coffee?

  Not many traders, apparently. Sentiment has been low for most of 2012, never even once reaching 50% bulls according to DSI. The latest slump has made futures traders extremely bearish on the beans...

Weakness developing in commodities 0

Weakness developing in commodities

Checking the 15-min bar chart, copper and oil are not looking too spirited. Here’s oil: – And copper, same scale: – And of course platinum and palladium are looking busted. Daily charts here. Platinum:...

Carbs to make a comeback? 0

Carbs to make a comeback?

Trader sentiment on the grain complex (corn, wheat, rice and especially oats) has been very bearish for weeks, but prices have stabilized and RSI is turning up. This could be the set-up for decent...