• 7 days Stocks Tumble After Moderna Chief Warns Existing Vaccines Could Be Less Effectiv
  • 8 days The EU Is Pushing Two Massive Digital Laws To Tame Big Tech
  • 11 days U.S.-China Trade War Has Under Biden
  • 13 days Visa, Mastercard Slump Amid Covid Worries, Regulatory Outlook
  • 14 days 3 Biotech Stocks Wall Street Loves This Quarter
  • 18 days Fintech Goes “Green”, Joining $30T ESG Boom
  • 19 days U.S. Cargo Theft Spikes Amid Huge Supply Chain Snarl Ups
  • 20 days Buybacks Are Back, But New Taxes Could Dull the Party
  • 22 days Don’t Be Fooled By Musk’s Twitter Performance
  • 27 days 3 Healthcare Sector Stocks to Watch Right Now
  • 28 days More Trouble Ahead for Supply Chain as Hackers Descend
  • 29 days Saudi Arabia To Invest $64 Billion Into Becoming A New Global Cinema Hub
  • 32 days The Cryptic Squid Strikes, Netting Scammers Nearly $4M
  • 32 days October Jobs Impress but Inflation Threatens Recovery
  • 34 days Another Round of ‘Meme’ Stocks Coming Our Way?
  • 34 days 2021’s Black Friday Bummer
  • 36 days Buy-Now-Pay-Later Is A Huge Threat to Credit Cards
  • 39 days Microsoft Passes Apple As World’s Most Valuable Company Amid Stellar Earnings
  • 40 days 3 IPOs from Big to Small Coming Our Way
  • 41 days Robinhood Investors Balk at ‘Meme’ Growth
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Elliott Wave International

Elliott Wave International

Elliott Wave International

Elliott Wave International (EWI) is the world's largest market forecasting firm. EWI's 20-plus analysts provide around-the-clock forecasts of every major market in the world via…

Contact Author

  1. Home
  2. Markets
  3. Other

How to Score in the World's Key Commodity Markets

If you've ever tried your hand at futures trading, and if you've been watching the 2014 World Cup, you've probably thought to yourself -- Yup. This looks like how it feels to invest in commodities.

Hey, if the cleat fits!

The world of commodities trading is competitive and cutthroat. The action is nonstop. Passes happen in the blink of an eye. There are no commercial breaks, or half times. And those on the field never stop paying attention to price charts, scanning and waiting for opportunity to strike.

And then comes the moment to act. You're the last guy in a penalty shootout. All that stands between you and the goal is the ticking of the clock, fatigue, and doubt.

But if you make it, the reward is like nothing else.

Everybody wants to make it.

Whether you actually do is a different story.

Elliott Wave International's Chief Commodity Analyst Jeffrey Kennedy is tirelessly committed to ensuring the odds of doing just that are in your favor.

Jeffrey spent years training with the world's greatest Elliott wave analysts before becoming one himself. His skill and discipline on the field of technical forecasting is matched only by his patience off of it -- Jeffrey's #1 rule is: Wait for price action to confirm your wave count before making a play.

Seeing Jeffrey in action is kinda like seeing James Rodriguez's "wonder volley" in the World Cup's Colombia vs. Uruguay game.

In the "Featured Market" video of his May 2014 Monthly Commodity Junctures, Jeffrey stepped onto the near-term field in cocoa. The pressure was high. Prices had been sideways-bound since the start of the year. And, the mainstream "commentators" told investors to keep holding until there was a break in the fundamental backdrop.

"Traders weigh poorly received Chinese and U.S. economic data against the crisis in the Ukraine and unrest in Libya." -- May 30 Associated Press

But for Jeffrey, a clear shot to near-term opportunity in cocoa was wide open. Watch this clip from his Monthly Commodity Junctures video below so you can hear the bullish forecast in "high def":

The next chart shows you an instant replay of what happened: Cocoa prices broke out of their sideways trend and surged to the 3-year high we see today.

Cocoa Futures Chart

So, while the mainstream experts stayed on the sidelines, a near-term opportunity passed them by.

The best part about Jeffrey's video is that it's not just about watching a pro in action. Jeffrey is first and foremost a coach. He walks you through every forecast from top to bottom, explaining the what and why of every price target and wave pattern.

In the end, you come away with timeless lessons on how to apply Elliott wave analysis to actionable set-ups. Learn how to get Jeffrey's latest video update on Cocoa for free below!


New Video Forecast: Watch Kennedy's Latest Cocoa Update -- FREE

In this new update from Jeffrey Kennedy's Commodity Junctures Weekly Wrapup, he shows you what to expect next from Cocoa prices.

Kennedy shows you:

  • The exact price targets to look for in Cocoa and explains why you should not try to pick tops in a market. /li>
  • How he looks for confirming price action and uses his rules and technical studies to keep him on the right side of the Cocoa market.
  • A new technical study he is using to add support to his wave analysis.

To access this video forecast now for free, all you have to do is become a Club EWI member. There are no strings attached and it takes just 30 seconds to sign up. Click HERE - It's FREE!


Back to homepage

Leave a comment

Leave a comment