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General Comments
Tuesday I will release the 2010 Mega Commodity
Forecast Update and Coffee Report.
I have wanted for some time to find a no-obligation way to
showcase my premium service Mound Trade Signals, and I thought what
better time than with the release of the 2010 Trade of the Year, the
Commodity Forecast Update Report and my Coffee Report 6 months in the
making! The promotional offer for $69 ends
Tuesday, March 9th and comes with a free commodity wall
calendar so I hope all my readers take advantage of it. http://www.futurespress.com/mega-forecast2.html
In the 2010 Commodity Update my key focus is on
critical market changes that have taken place since January 5th. The markets are anything but stable and
I expect March and April to be the most volatile two months for
commodities since the collapse in 2008.
What I believe the markets are experiencing is something that I
refer to as the Rubber Band Effect.
I like to view markets as going through cycles of tension. This tension occurs when the bull or bear
takes control and ferociously moves price to one extreme. Flashback to 2008 with crude oil
approaching $150 a barrel and a global grain/rice crisis - prices were seriously
stretched at that time. This extreme
pulled that Rubber Band price threshold about as tight as anyone has ever
experienced. Then instead of
snapping (market rubber bands rarely snap;) the markets recoiled, often plunging
price at a more rapid pace than when prices were being stretched. So what happens after a rubber band
stretches and then recoils? It
reforms its shape. Within the
scope of this reformation is an inner band, a price stretch that retests
the outer price points previously reached on both extremes. Typically these tests form lower highs
and higher lows. Ultimately this
causes a massive pennant price chart formation on a long term basis, and
price consolidations like this can often mean trouble for trend
traders. Trends would, in theory,
have a shorter life span than the most recent price move and limit
breakout trades to smaller moves.
However, being ahead of this type of action can offer significant
opportunity should the forecast be correct. In the 2010 Forecast I will explore this
new market environment and discuss ways to trade it and forecast the
price action that lies ahead in markets like Crude Oil, Natural Gas, S&P500,
the U.S. Dollar, the Vietnamese Dong, Euro Currency, Soybeans, Corn, Rice,
Cattle, Copper, Gold, Silver, Coffee, Cotton, Sugar, OJ, and much more! Sign up and benefit from the pre-release
special price of just $69 - http://www.futurespress.com/mega-forecast2.html
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