Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

How to Score in Trading the World's Key Commodity Markets

Commodities / Commodities Trading Jul 03, 2014 - 10:14 PM GMT

By: EWI

Commodities

If you've ever tried your hand at futures trading, and if you've been watching the 2014 World Cup, you've probably thought to yourself -- Yup. This looks like how it feels to invest in commodities.

Hey, if the cleat fits!

The world of commodities trading is competitive and cutthroat. The action is nonstop. Passes happen in the blink of an eye. There are no commercial breaks, or half times. And those on the field never stop paying attention to price charts, scanning and waiting for opportunity to strike.

And then comes the moment to act. You're the last guy in a penalty shootout. All that stands between you and the goal is the ticking of the clock, fatigue, and doubt.


And then comes the moment to act. You're the last guy in a penalty shootout. All that stands between you and the goal is the ticking of the clock, fatigue, and doubt.

But if you make it, the reward is like nothing else.

Everybody wants to make it.

Whether you actually do is a different story.

Elliott Wave International's Chief Commodity Analyst Jeffrey Kennedy is tirelessly committed to ensuring the odds of doing just that are in your favor.

Jeffrey spent years training with the world's greatest Elliott wave analysts before becoming one himself. His skill and discipline on the field of technical forecasting is matched only by his patience off of it -- Jeffrey's #1 rule is: Wait for price action to confirm your wave count before making a play.

Seeing Jeffrey in action is kinda like seeing James Rodriguez's "wonder volley" in the World Cup's Colombia vs. Uruguay game.

In the "Featured Market" video of his May 2014 Monthly Commodity Junctures, Jeffrey stepped onto the near-term field in cocoa. The pressure was high. Prices had been sideways-bound since the start of the year. And, the mainstream "commentators" told investors to keep holding until there was a break in the fundamental backdrop.

"Traders weigh poorly received Chinese and U.S. economic data against the crisis in the Ukraine and unrest in Libya." -- May 30 Associated Press

But for Jeffrey, a clear shot to near-term opportunity in cocoa was wide open. Watch this clip from his Monthly Commodity Junctures video below so you can hear the bullish forecast in "high def":

The next chart shows you an instant replay of what happened: Cocoa prices broke out of their sideways trend and surged to the 3-year high we see today.

So, while the mainstream experts stayed on the sidelines, a near-term opportunity passed them by.

The best part about Jeffrey's video is that it's not just about watching a pro in action. Jeffrey is first and foremost a coach. He walks you through every forecast from top to bottom, explaining the what and why of every price target and wave pattern.

In the end, you come away with timeless lessons on how to apply Elliott wave analysis to actionable set-ups. Learn how to get Jeffrey's latest video update on Cocoa for free below!


New Video Forecast: Watch Kennedy's Latest Cocoa Update -- FREE

In this new update from Jeffrey Kennedy's Commodity Junctures Weekly Wrapup, he shows you what to expect next from Cocoa prices.

Kennedy shows you:

  • The exact price targets to look for in Cocoa and explains why you should not try to pick tops in a market.
  • How he looks for confirming price action and uses his rules and technical studies to keep him on the right side of the Cocoa market.
  • A new technical study he is using to add support to his wave analysis.

To access this video forecast now for free, all you have to do is become a Club EWI member. There are no strings attached and it takes just 30 seconds to sign up.

About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in