• 316 days Will The ECB Continue To Hike Rates?
  • 316 days Forbes: Aramco Remains Largest Company In The Middle East
  • 318 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 718 days Could Crypto Overtake Traditional Investment?
  • 722 days Americans Still Quitting Jobs At Record Pace
  • 724 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 727 days Is The Dollar Too Strong?
  • 728 days Big Tech Disappoints Investors on Earnings Calls
  • 729 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 730 days China Is Quietly Trying To Distance Itself From Russia
  • 731 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 734 days Crypto Investors Won Big In 2021
  • 735 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 736 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 738 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 738 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 741 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 742 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 742 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 744 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

Commodities

A short video on how to interpret the Chart Books can be found here: CHART BOOK PRIMER



Copper/ weekly

Copper Weekly Chart
Larger Image

1) Dr. Copper remains constructive

2) It is at the upper end of prolonged trading range

3)Resistance is at 3.3721

4) The fundamentals (rising interest rate pressures) are NOT supportive

5) Has the global economy healed? Not yet according to Dr. Copper


WTI Crude Oil/ weekly

Crude Oil Weekly Chart
Larger Image

1) The fundamentals are bearish for crude oil but the technicals have improved considerably

2) A break of support will see crude oil back in the $80 range

3) We are neutral on crude oil

 

Back to homepage

Leave a comment

Leave a comment