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: Most commodities are bearish for the next few weeks.Be mindful of Crude Oil Natural Gas turning lower in the sessions ahead. Gold is still in the down trend with Silver too in a small corrective rally. Soft commodities are expected higher but are in the later part of their current trend, so don't chase that market.
Video chapters:
00:00 Dollar Index DXY.
01:01 US Spot Gold & GDX ETF.
07:51 US Silver.
09:01 Iron Ore.
10:50 Crude Oil.
12:23 Copper.
12:59 Nickel.
13:58 Uranium.
15:35 Natural Gas.
21:15 DBA Agriculture Fund EFT.
26:51 Thanks for watching!
Commodity futures overview:
Elliott Wave Counts:
Gold Elliott Wave (4) Triangle or Flat.
Dollar Index DXY Elliott Impulse Wave (v) top in play?
Iron Ore Elliott Wave waiting to confirm count.
Crude Oil Elliott Wave Triangle.
Copper Elliott Wave iv).
Nickel Elliott Wave trending lower Wave iv) correctie rally.
Uranium ETF Elliott Wave v) of C low in place?
Natural Gas Elliott Wave b) of 4.
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