Lesser Talked About Commodities and US Market Outlook
Cory
June 14, 2019
Chris Kimble, Founder of Kimble Charting Solutions shares his thoughts on the charts below outlining some of the lesser talked about commodities. WE start with the US markets and consider the range they have been trading within for over a year. Then we move into lumber and a possible correlation to the markets and wrap it up with wheat and coffee. As always check out the chart below.
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Discussion
4 Comments
Jun 14, 2019 14:31 AM
Jun 14, 2019 14:41 AM
JAG is up 50% in just over 2 weeks:
https://stockcharts.com/h-sc/ui?s=JAG.TO&p=D&yr=0&mn=8&dy=0&id=p42798127569
Jun 14, 2019 14:05 PM
Purchased some more JAG today before the move.
Jun 14, 2019 14:33 PM
Very good charts, especially lumber and wheat.
SLV has now filled its June 10th gap down and is stuck at resistance:
https://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=2&dy=0&id=p06400302245&a=649141163