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Commodity Markets:GOLD SILVER FOREX URANIUM LITHIUM NICKEL CRUDE OIL COPPER NATURAL GAS Elliott Wave


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Commodity Futures Market Summary: Elliott Wave Trading Strategies; US Gov Bonds 10 Yr Yields, US Dollar Index DXY, US Spot Gold, GDX, Silver, Copper, XLE Energy ETF, Crude Oil and Natural Gas
Market Summary: Weaker USD DXY is seeing commodities pop in line with Equities, however I see the pop in equities as a corrective rally, so we also need to be mindful of commodities moving higher as a corrective rally.
The important point is confirming a top in place for the US Dollar DXY - waiting for the five impulse wave lower to help confirm further downside, strengthening other markets, the other point is the August CPI figures coming out shortly.
Expecting the US Gov Bonds 10 Yr. Yields to eventually develop support on 3% and then move higher to 4% 

Video Chapters
00:00 US Gov Bonds 10 Yr Yields
00:46 US Dollar Index DXY 
03:30 GDX ETF /  US Spot Gold
05:42 US Spot Silver
06:37 Corn / Wheat / US Copper / Lithium / Uranium / Nickel
17:00 Crude Oil Sector XLE / XOM
21:32 Natural Gas
23:57 Thanks for supporting!

Analyst Peter Mathers TradingLounge™ 

 

 

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