Monday, August 26, 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

Long term primary trend for commodities is down. It's hard to read because it's a long term chart. LTCO is less than zero, so the primary trend is down. If you're bullish, you're fighting the tape. Maybe you're bullish because you think a bottom is due? BrT = 57 and BrST = 1.75, what says the primary trend is 57 months old and 1.75 standard deviations against the average historical cycle (Matrix Line 106). In other words, if you're bullish based on TIME (a bottom is due), you're month, maybe a year early. It's better to watch from the sidelines than be early.

Knowledge is power. Most fail because they do not understand that the invisible hand is more knowledgeable than commodity experts.

Long Term Commodities Trend


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