In the last three days Crude oil has advanced nearly 6% lifting prices back above the 100 day MA. We missed this most recent move with clients and being we only see an additional $2-4 upside we would not suggest getting on the train at these levels....

The September U.S. dollar index futures are presently in a seven-week-old downtrend on the daily bar chart and prices just hit a fresh three-month low. The bears have the solid near-term technical advantage and have gained more downside momentum...

Weakness in commodities what to do? Here are a few ideas...get short, exit longs or be prepared to buy from lower levels. We think Crude oil and the distillates have put an interim top and expect prices to fall back. We reserve the right to change our...

The financial markets have been nothing short of a high speed roller coaster with light volume, earnings season and macro economic uncertainty as the culprits. Yesterday, investors staggered out of equities and allocated money into bonds and notes but...

ICE December cotton futures prices on Tuesday hit a fresh 4.5-month low of 72.96 cents a pound. In five weeks' time the cotton market has shed 6 cents (600 points) as prices are in a five-week-old downtrend on the daily bar chart and the bears...

If the dollar is moving south and the indices are moving north that is conducive for commodities to trend higher. Crude is above the trend line mentioned in yesterday's blog higher by over 3% in today's session. Not to mention a bullish engulfing candle...

December corn futures at the Chicago Board of Trade on Monday morning were under some modest profit-taking pressure from recent gains that on Friday saw prices hit a fresh two-month high of $3.98 a bushel. The corn market bulls do still have some...

As long as indices tread water or move higher money should flow back into commodities and out of Treasuries and the US dollar. Crude followed thru today and now has the 20 day MA in its sights. As we said yesterday as long as equities move higher we...

A massive short squeeze in equities sucked the bid away from Treasuries. With little fresh fundamental news to work with, this was the primary driving force behind the day's trade. If it weren't for the volatility, these markets would be snoozers....

December Chicago soft red winter wheat futures at the Chicago Board of Trade on Tuesday hit a fresh seven-week high of $5.53 1/4 a bushel. Prices are in a four-week-old uptrend from the early-June contract low of $4.72 3/4. The wheat market bulls...