Commodity Futures Trading - Wednesday, Jan. 26

Commodity Futures Overview:

  • US Dollar Index is now moving higher into Wave (iii) of v)
  • Copper is slowly completing its large Elliott Wave Triangle. However I have place a buy signal above Wave b)
  • Long on Nickel, however expect resistance at the Medium Level.
  • Gold is topping into Wave B and Silver is expected to push up into 25 Medium Level
  • Iron Ore Elliott wave: v of (v) of i)
  • Dollar Index DXY Elliott Wave (v)
  • Gold  Elliott wave Triangle Pattern Wave v) of B of (E) of 4)
  • Crude Oil Elliott wave  4 of (5) 
  • Copper Elliott wave Triangle c) of E of (4)
  • Nickel Elliott Wave c) of 2
  • Natural Gas Elliott wave: (v) of v) of C

Close-up Photo of Monitor

Photo by energepic.com from Pexels

Video Length: 00:19:35

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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