Commodities, Foreign markets vs US Market

trader88

Look at some charts first:

Big picture of World Index:



Yen-Euro ratio is very helpful for direction:



A continued flight to safety in the Yen:



US big business relying on China for new growth, not good for bulls:



Commodities big picture not that great:



Short term for commodities shows possible pivoting area and support:



Relationship between commodities and bonds is clearing up again:



Oil’s big picture does not look that great:



Copper in a range … its continued rise is bad for domestic bears:



Overall, I do not see a very bullish picture developing for either commodities or the foreign markets.  Furthermore, the Yen is precariously rising against most other currencies, and this is not helpful for key foreign areas of the world like China.  These discoveries add to my bearish stance.

Finally, it is worth noting that individual commodities play an important economic role for many foreign markets.  For example, mining is one of the larger industries in Australia and parts of South America.  And, oil production is important to the Middle East, Russia and parts of Africa.  Therefore, the analysis above may provide some insight into future opportunities to trade individual ETF’s focused on a single country.

oda

thanks

everest001

zhizhengwd

thanks a lot

zhizhengwd

very good information, hope you post more!

听说炒股赚钱

Ave

李隆基

hunting

学习了，，，，谢了

永恒罗马

NewMember

Thank you!

ideall

GOOD POST!