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4 Current Commodity Tips You Need to Know About

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Commodities are an incredibly strong investment choice. A great way to build a diverse portfolio, they lack the volatility of stocks while providing great room for financial growth.

But investing in commodities without knowing what you're doing is a bad idea.

If you want to make this investment, you'll need to develop an intelligent strategy. Here are some commodity tips to help you make that move.


Commodities Explained
Before you read any other commodity tips, you need to understand the concept. Commodities are structured trades around the delivery, sale, import, and export of a particular good. Popular commodities include oil, gold, and soybeans.

The most popular strategy for investing in commodities is signing a futures contract. These ensure that you will own the commodity for a set amount of time before selling it on a certain date at a specific price.

Here are a few tips for making the most out of your commodity trades in 2017.


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Technical Analysis of Euro, US 10 Years Treasury Notes, Commodities, CRB Index, DOW, NASDAQ, BSE 200 and DAX

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EURO The Euro bull run continued even as bearish sentiment is in single digits. This excessive near term bullish traders reading continues to mean that a 5 wave rise is closer to completion. For the rally to continue unabated a pause or consolidation is needed. That said the big picture remains bullish as everyone has the narrative wrong.



US 10 YEARS TREASURY NOTES The 10 year note has retraced almost 50% and wave c=a is nearly done. wave ii should be near completion and wave iii down is to unfold next soon.


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COMMODITIES Gold
Gold has its neckline of the lows [blue line], at 1238. So that is a key resistance level. Daily momentum did turn positive and prices broke out of the falling channel but some more signs are needed that the trend has changed to up for good.



Aluminium MCX
Aluminium rallied in 5 waves and retraced 61.8% at 121.70. Dipped to a low of 120.90. So these supports should help propel it into wave iii up iii=i points to 127.50



Crude MCX
Crude Mcx – is in wave…