Keep an eye on this market as it looks as if it is trying to break out of this small pennant over the past few weeks.
We are below the 20 day moving average and we are gaining downside momentum early this morning. Lets go!
Do you see what I see?!? Don’t miss it!!!
This is a sample entry from Don DeBartolo’s email newsletter, Trade Spotlight: Futures, published on Monday, September 11, 2017. There is a trade opportunity based on a Trend Line breakout in the Platinum futures market. Today the January 2018 contract closed (998.0) below a lower trend line with the first touch dating back to the… Read more.
The most important developments of last week were 1) indications that world oil producers were poised to extend production cuts (or even expand them if it becomes necessary to reduce global oil stocks to five year average levels) and 2) percolating fears of bird flu in Asia.
Commodity markets are seeing nearly a perfect storm of bearish factors during the first 2 weeks of 2016.
Join us for a live event with Senior Futures and Options Broker Drew Rathgeber, author of AccuMarkets and The Rath Overlay, as he breaks down the precious metals futures sector!
The markets have seemingly become comfortable with a “one and done” rate hike from the Fed in December or sometime in early 2016.
This guide is highly recommended for anyone thinking about investing in Bullion, Coins or Futures precious metal products.
With the Fed taking a pass on hiking rates in September, a reduction in their 2016 and 2017 growth forecasts, and only minimal dissension within their ranks against a steady policy stance, it appears that they are not confident enough in the pace of US growth to make a move at this time.