Commodity Futures Trading - Wednesday, Feb. 02

Close-up Photo of Monitor

Photo by energepic.com from Pexels

Commodity Futures Overview:

  • US Dollar Index has a short term top in place
  • Copper is now setting up for long trades
  • Nickel, waiting to confirm Wave c) of 2 for another long trade set up
  • US Spot Gold  will continue moving lower into February
  • Natural Gas is also setting up for long trades
  • Uranium is setting up for long trades
  • Iron Ore Elliott wave 1 (Chinese New Year of the Tiger holidays)
  • Dollar Index DXY Elliott Wave v) top
  • Gold  Elliott wave Triangle Pattern Wave ii) of C of (E) of 4)
  • Crude Oil Elliott wave Triangle  iv) of (5) 
  • Copper Elliott wave Triangle c) of E of (4)
  • Nickel Elliott Wave c) of 2
  • Natural Gas Elliott wave: (c) of iv) of C
  • Uranium ETF Elliott wave (C) of 2)

Video Length:00:31:15

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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