Bitcoin Eyes Phase Change After Clearing 200-Day Moving Average
Monday, Bitcoin cleared its major moving average while Ethereum, the second-largest cap currency, tested its new support level at $2900.
For the moment, this shows...
Is Crude Oil Forming Bearish Hanging Man Price Pattern?
Several commodities have been on a tear higher over the past 18 months. This list of commodities includes crude oil.
As a key economic input,...
Commodities Attempting To Breakout Above 6-Year Price Resistance!
I have written a lot about select commodities and the potential for breakouts across the commodities industry.
Recently, I have highlighted key inflection points for...
Cattle Futures Price Pattern Warns Of Food Inflation!
As inflation concerns remain in the headlines, today we look at the potential of food inflation by looking at cattle futures prices (i.e. beef).
Earlier...
Are Copper and Steel Prices Set For Major Breakouts?
Just as the economic recovery is picking up steam, there are mixed messages coming from inflation data as well as the equities (breadth) and...
Why Gold Has Lost Momentum This Summer
There is a large cohort of investors that loves gold, and a large cohort that dislikes gold; we are neither. Our opinion on the...
What To Watch If Crypto-Currencies Begin To Rally
Two of the biggest cryptocurrencies (by market cap) Bitcoin and Ethereum have perked up near the lows.Â
Both have been trending down for the past...
Oil & Gas ETF (XOP): Bullish Reversal Alongside Crude Oil?
Crude oil has traded down to an important price support zone and appears to be showing early signs of bottoming.
It's still early, but should...
Coffee Futures Breakout Points To $225 Price Target!
The monster rally that unfolded across the commodities spectrum post-COVID crash lows, carried everything from precious metals to energy to lumber to agriculture price...
Bitcoin Price Nearing Important Inflection Point (Trading Low?)
Bitcoin timing cycles are pointing to an inflection point this weekend. And although price cycles originally pointed to that being a trading "high", it...
