Saturday, January 19, 2019

#Commodities Review

Commodities Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Commodities overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.

Subscriber Comments

Commodities have been in bear phase for 50 weeks (line 106). Commodities BrST = 1.4, a reading that suggests the bear phase is past it's cyclical mean (BrST = 0) and approaching an extreme reading (BrST = 1.96 or higher). Commodities' trend is getting old. Old trends can get older, but nothing last forever.

Chart


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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.