‘Commodities’ Archive

Commodities – 20-Year bear market in play?

CLICK ON CHART TO ENLARGE This chart looks at the Thompson/Reuters Commodity Index on a monthly basis for the past 50 years The index took off in the early 1970’s and rallied over 200% in a little over a decade at (1). Then it created a potential double top. What followed at (2)? An unwinding […]

Commodities hitting 25-year support line with few bulls!

  Just the facts….Commodities have had a rough few years! Below takes a look a the Thompson Reuters Commodities index from 1984 to current, with Commodity Sentiment from Sentiment Trader.com applied. CLICK ON CHART TO ENLARGE The decline over the past 4-years has taken this commodity index down to a support line that has been influential to […]

Commodity collapse leads to rare opportunity says Joe Friday

CLICK ON CHART TO ENLARGE Commodities have had a rough go of it the past 4-years, declining almost 40%. The above charts look at the Thompson Reuters Commodity Index since the 1980’s. The left chart is based upon “monthly closing prices,” reflecting that a neckline support test is at hand at (1). The right chart is […]