I have been bullish on #cocoa since January and made a nice bundle since then. However I have grown concerned that the current surge in price has been propped up by speculators and momentum following. With that I agree with your assessment that cocoa and $NIB has topped out.

I have been monitoring #silver and #gold for a while trying to see if theres any opportunity in precious metals. I am concerned that as we enter the late stages of the economic cycle demand for silver, which comes mostly from industrial uses, will start to fall. Meanwhile gold which has been consolidating recently looks like a good hedge against rising inflation, trade wars and a recession.

I was fortunate enough to be long #oil since the summer of 2017, but now I believe the market has topped out. The double top at $66 level seems to be strong resistance and on the fundamental sign I see little to push oil above it, OPEC cuts are being undermined by shale and current market sentiment seems to point to lower oil prices down the road.

#BioTech has always been on my short list of sectors to short when market conditions get tough (as they are getting now). Very concerned that high valuations in this sector will not hold up if market takes a nose dive and in fact this sector might be the hardest hit.

#Steel has recently been in the headlines due to trade tensions and the U.S tariff on Chinese steel imports. Since then I have been passively monitoring the sector for any potential opportunities. $NUE seems like an interesting one although, I would like to see at least a little progress on infrastructure reform before I dive in.

I have started tracking the Australian dollar recently since I see that its starting to near a very strong upward support. As such I tend to agree that the Aud will strengthen over the next few weeks and months.

I saw the same upward trend line last week which is why I started looking at the Australian dollar in the first place.

I continue to maintain a long position in #naturalgas because I see that 2.50-55 is incredibly strong support, I also believe that poor U.S energy infrastructure will make it more difficult for natural gas to reach the market. Coupled with strong demand I think we can hit 3.00 at some point in the next few months.

I know the supply of #naturalgas is keeping a lid on the price, but logistical concerns about shipping it to market are starting to have an affect. Also demand continues to increase. It seems like the market is more or less balanced.

I recently noticed a very strong upward support for AUD/USD going back to beginning of 2016, a support it is nearing again. I am considering opening a long position but I am new to Forex and enjoyed the advice in this piece.