Catching a nice move here, with the GAP OPEN! FIRST OBJECTIVE HIT!!!
Author and creator of AccuMarkets this is Drew’s general overview for most of your favorite commodity markets using his “Rath Overlay” trading strategy. Get trading intel from a Series 3 licensed professional via vBlog format. Click above to see and watch.
AccuMarkets had the following trade exits today. We took a loss in Crude and winner in Natural Gas – check your subscription email for vBlog updates! Still holding a Silver Option position. Stay tuned for Drew Rathgeber next trade recommendation!
The commodity markets are faced with a general downshift in global economic data, and that could serve to temper commodity demand expectations. The ebb and flow of both US/North Korean and US/Chinese flashpoints shifted negative recently, but we continue to think both situations are on the road to being solved favorably. We base this on the evidence that…
After an eventful trading week last week, global markets are holding onto a positive risk tone. President Trump formally announced steel and aluminum tariffs, but there were exceptions for Canada and Mexico that softened its impact on risk appetites. There has been pushback from Capitol Hill, the business sector and major central banks that could keep trade tensions subdued.
Look at the past 2 days candlesticks….and the DOUBLE BOTTOM