SOYBEAN
Outlook for Soybean Prices
From 2020 onwards, the commodity market, encompassing soybeans and other agricultural products, might have embarked on a supercycle period.
SOYBEAN
From 2020 onwards, the commodity market, encompassing soybeans and other agricultural products, might have embarked on a supercycle period.
CANDLESTICK
The highs of a dark cloud cover usually becomes resistance. This level acts as a ceiling that price struggles to break through.
WHEAT
We delve into the key driving forces that have been shaping the wheat market since 2020. Then, we speculate on the potential trajectory this market might take.
CANDLESTICK
The highs of the dark cloud cover creates a resistance area. This resistance level represents your initial stop loss.
SILVER
Evidently, this particular scenario may not come to fruition. Nevertheless, we deem it a likely outcome. Episodes of profound collapses and panic, similar to the one observed in 2020, frequently precede commodity supercycles.
CANDLESTICK
This sudden reversal surprises those participants who had been expecting the upward trend to continue.
CRUDE OIL
Starting in 2020, the commodity market may have entered a supercycle phase. Such supercycles usually extend beyond 8 years and lead to substantial price escalations.
CANDLESTICK
For an optimal dark cloud cover, the second session should ideally conclude below the midpoint of the preceding white/green candle.
COPPER
Scenario 1. Since 2020, the commodity market might have been going through a supercycle. Scenario 2. Copper could be undergoing a brief correction phase before retesting the lows of 2022. The catalyst for this scenario might be a recession expected to materialize in 2024.
HIGH-WAVE
The high-wave candle is characterized by its distinct long upper and lower shadows, which are significantly longer than the candle's real body.
AI
Artificial intelligence (AI) is revolutionizing the economy by substantially enhancing efficiency and productivity. That is, we are witnessing the early phases of what could very well become a transformative era in our history.
HIGH-WAVE
After a downtrend, the lowest price reached during the high-wave’s session sets up a support level.