Sunday, November 16, 2014

Weekend Commodities Report: Daily and Weekly Charts

Studying furiously for my medical board exams so I'm just going to write my recommendations largely based on the weekly charts which are the following:
  • Short cotton (BAL)
  • Short coal (KOL)
  • Long crude oil (USO) We've just about come to the end of it's decline with a little further to go, so be careful because it looks like it's still bottoming out. Excellent contrarian buy at the moment.
  • Long corn (CORN)
  • Long natural gas (UNG)
  • Long lithium (LIT)
  • Long livestock (COW)
  • Short palladium (PALL)
  • Short platinum (PPLT)
  • Short silver (SLV)
  • Long sugar (SGG)
  • Long soybean (SOYB)
  • Short timber (CUT)
  • Long wheat (WEAT)
Agriculture: DBA

Aluminum: JJU

Coal: KOL

Coffee: JO

Commodities: DBC

Copper: JJC

Corn: CORN

Cotton: BAL

Crude Oil: USO

Gold: GLD

Lithium: LIT

Livestock: COW

Natural Gas: UNG

Palladium: PALL

Platinum: PPLT

Silver: SLV

Soy Bean: SOYB

Steel: SLX 

Sugar: SGG

Timber: CUT

Uranium: URA

Wheat: WEAT

Jakob Richardson © 2014