Commodity futures markets – Elliott Wave trading strategies [Video]
|Commodity Futures Market Summary: Elliott Wave Trading Strategies; US Spot Gold, GDX, Silver, Crude Oil, US Dollar Index DXY, Copper, Natural Gas, Nickel, Iron Ore, Uranium and Invesco DB Agriculture Fund EFT (DBA).
Market Summary: Gas and Oil are toppy, gold and silver are heading higher, soft commodities corn and wheat are correcting lower. Copper Ore Nickel etc are expected lower. So the better longs for the short term are precious metals.
Video Chapters
00:00 Dollar Index DXY.
02:14 US Spot Gold & GDX ETF.
07:12 US Spot Silver.
12:28 DBA Agriculture Fund EFT CORN/ WHEAT.
07:45 Iron Ore .
09:39 Crude Oil.
11:13 Natural Gas.
18:07 Copper / ETF.
20:36 Nickel.
21:24 Uranium ETF.
23:35 Thanks for watching!
Commodity Futures Overview:
Elliott Wave Counts:
Gold Elliott wave (4) Triangle.
Dollar Index DXY Elliott ABC Wave (4).
Iron Ore Elliott wave waiting to confirm count.
Crude Oil Elliott wave Triangle.
Copper Elliott wave v) lower.
Nickel Elliott Wave 5 lower.
Uranium ETF Elliott wave waiting to confirm count.
Natural Gas Elliott Wave 5 of (3).
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