Elliott Wave International - Free Updates

Corn Prices: Is The Grain Set To Gain?

Nico Isaac — Thu, 04 Sep 2008 07:45:00 ET

The number one flaw of mainstream financial analysis is its tendency to show-up late to a market’s price action. It’s a lot like jumping out from behind the couch and yelling “Surprise!” at a birthday party – hours after the guest of honor has already arrived. Even then, the “gifts” of wisdom they bring to the table are often inconsistent and even inaccurate. Take, for instance, these former news stories regarding Corn...

How Do You Know If You Have the Right Wave Count?

Jeffrey Kennedy, Senior Commodities Analyst — Wed, 03 Sep 2008 03:30:00 ET

A common question from EWI subscribers is: "On an unlabeled price chart, how do you identify the start of the Wave pattern?"

That's a good question, and is exactly the kind that Senior Commodities Analyst Jeffrey Kennedy loves to answer. His passion is teaching, and every month Jeffrey's Monthly Futures Junctures presents a lesson in technical analysis via his "Trader's Classroom." This excerpt, edited for brevity, comes from an old favorite: "How Do You Know If You Have the Right Wave Count?"

Grains: The Whole Truth And Nothing But

Nico Isaac — Thu, 28 Aug 2008 07:30:00 ET

According to the mainstream experts, corn, wheat, and soybeans are the Three Huskateers, with prices in each market abiding by the original motto: “All for one and one for all.” One look at our powerful close-up of prices in the three grain markets over the last two decades, AND the truth might surprise you...

What Does A Contracting Triangle In Soybeans Mean For You?

Euan Wilson — Tue, 26 Aug 2008 05:00:00 ET

A lot can happen in a week, especially in the commodities markets.

That's why Senior Commodities Analyst Jeffrey Kennedy writes the Daily Futures Junctures Weekly Wrap-up each Friday. Jeffrey uses these updates to review and post forecast charts for every major commodity market. He also records a video update which allows him to talk about each one of his charts in depth.

By way of example, here's an excerpt of last Friday's update, with Jeffrey discussing what the week's action in Soybeans means for the future:

Commodities Go Kerplunk: Why Are Prices Falling?

Nico Isaac — Mon, 25 Aug 2008 04:45:00 ET

It’s official: The five-year long Commodity boom has gone from white-hot to white-not. To wit: since the start of July 2008, the futures markets have seen more jaw-dropping free falls than the Beijing Olympics diving competition...

Sweet Opportunity In Cocoa

Nico Isaac — Thu, 21 Aug 2008 05:15:00 ET

If financial markets are well-oiled machines that react mechanically to outside events, it stands to reason -- If you master the system, there’s no way to go wrong. In actuality, the story is quite different, as the recent action in COCOA makes plain...

Diagnosis: Soybeans

Euan Wilson — Wed, 20 Aug 2008 02:45:00 ET

If you have watched a few episodes of the hit TV series House, you know there is a specific formula for each episode. The gifted but fiercely independent doctor must find the answer to a medical mystery before the show's end — a total of 43 minutes. However, until that time, Dr. House and his team make any number of right and wrong moves, yet each one serves to reach the final, correct diagnosis.

An Elliott Wave technician's job works much the same way: not every Wave Count unfolds as expected. Yet even if you get off track, a mistaken forecast can still reveal the bigger story, as new facts flow in from the market.

The Fall Line-up Preview (In Commodities)

Euan Wilson — Mon, 18 Aug 2008 09:30:00 ET

It's late summer, which means a boring TV schedule with nothing but reruns. If you're a Law & Order or CSI type, you might be longing for some good courtroom drama right now. Look no further than the August issue of Monthly Futures Junctures: Senior Analyst Jeffrey Kennedy is the expert on the witness stand and you, the jury, learn the answers to the commodity market's toughest questions.

Pop Quiz: What Comes After A Five-Wave Impulse Move?

Euan Wilson — Tue, 12 Aug 2008 10:15:00 ET

It's mid-August, which means the kids will soon be back in school. If you recall any of your returning days to class, perhaps the memory is how smooth and easy it was, with little schoolwork beyond a simple quiz. But the markets only take off on weekends and federal holidays -- so an investor shouldn't find the Pop Quiz question in the headline too demanding, especially since we'll provide the answer now, to wit: After a five-wave impulse move (in either direction) come a three wave corrective move.

Slaying the Many-Headed Monster in Coffee

Nico Isaac — Thu, 07 Aug 2008 04:30:00 ET

One of the biggest flaws of fundamental analysis is its tendency to present a multitude of outside factors for a given market --- All of which have conflicting implications. Case in point: The bullish, bearish, bullish, bearish news items regarding the Coffee market. Read the full story...

Two Grains Of Wheat In Two Barrels Of Chaff

Euan Wilson — Thu, 07 Aug 2008 02:45:00 ET

When it comes to foolishness, Shakespeare always gets straight to the point -- which brings to mind the work it usually takes to get the point of most financial media "analysis," because it's so often overwhelmed by useless chaff. And sadly, wheat is no exception

The (non) Effect Of Rain On Corn Prices

Euan Wilson — Tue, 05 Aug 2008 05:30:00 ET

The financial media is very fond of linking a given market's price action to other stuff that happened in the same day -- but seldom do they explain why. First prices fall hard "as rain and cooler weather improved prospects for crops" -- and second, this one-day action is part of a 30% decline in corn over the past five weeks. But what about the first four weeks of that price decline, which included a shortage of rain and hotter-than-usual temperatures?

Commodity Train To Opportunity: Soybean Meal

Nico Isaac — Thu, 31 Jul 2008 05:30:00 ET

It’s another typical day in Grand Commodity Station, where passengers step aboard two very different “trains” of opportunity: The "F" or fundamental line, and the "EW" or Elliott Wave line. Their destination: Soybean Meal. Find out which one makes it to their destination on time...

Boars Charge Along The Mountain

Euan Wilson — Thu, 31 Jul 2008 11:30:00 ET

When you reach the summit of Mt. Everest, for example, you'll want to take a few moments to enjoy the view. But soon enough, the oxygen-poor atmosphere and air temperature remind you that it's time to head back down. You can't climb any higher anyway. But why didn't that same reminder come 100 feet before you got to the mountaintop? Well, it probably did. You knew the peak was coming but were determined to finish the climb anyway. And believe it or not, markets work the same way.

The Value Of Method: Corn

Euan Wilson — Tue, 29 Jul 2008 05:45:00 ET

Successful investing is never born of disarray, as any experienced trader will tell you. That's why an effective methodology for trading will include effective rules. So, when a commodity's price action does the unexpected, coherent rules to govern your analysis and actions can be the difference between a big loss and a small one.

Commodity Special: Sweet Opportunity In Sugar

Nico Isaac — Wed, 23 Jul 2008 05:30:00 ET

News Flash: crude oil AND sugar prices are about as synchronized as a dolphin and a duck-billed platypus. And, nothing makes this reality more clear than recent historical data comparing the two markets. Get the full story in today's Futures Focus...

Coffee: Opportunity Heats Up... For FREE

Nico Isaac — Thu, 17 Jul 2008 05:30:00 ET

On Thursday, July 17, Coffee prices were about as perky as a lump of dry coal. By day’s end, the market had plunged to its lowest level in over a month. After reading today's Futures Focus, you'll see why the big move down was no surprise to Elliott Wave International's premier near-term commodity service...

The Key to Unlocking Wheat's Reversal

Euan Wilson — Thu, 17 Jul 2008 10:00:00 ET

"A bullish key reversal occurs when prices make a new low below the previous price range, but close above the previous day's close." An important reversal just happened in Wheat. But just how important? EWI's Jeffrey Kennedy has the answers.

Commodities' Special: A Publication Is Born

Nico Isaac — Mon, 14 Jul 2008 04:30:00 ET

At last, the most highly anticipated birth around has finally taken place -- and no, I’m not talking about Brangelina’s twins (born: July 13). Elliott Wave International’s senior commodity analyst Jeffrey Kennedy has just delivered the brand-new July 2008 Monthly Futures Junctures -- a 12-page, hale and hearty publication that screams “Opportunity” into these and many more markets:

Orange Juice: Drink It In

Nico Isaac — Thu, 10 Jul 2008 05:30:00 ET

The biggest problem with fundamental analysis is its uncanny ability to point out trends that have long since been in place. Basically, it’s the equivalent of yelling “SURPRISE!” to the birthday man/woman of honor hours after he/she has already shown up to the surprise party. See what we mean with regard to the recent action in Orange Juice...

Commodity Special: Fireworks Of Opportunity

Nico Isaac — Thu, 03 Jul 2008 05:15:00 ET

Celebrate the Fourth of July Holiday weekend early with the brand-new July 3 Daily Futures Junctures “Weekly Wrap-up” edition. In this explosive publication, editor Jeffery Kennedy sets off two dozen fireworks of opportunity in these (and more) key markets: Cocoa, O.J., Soybeans, Lumber, Pork Bellies.

Corn And Wheat: Never A Dull Moment

Euan Wilson — Mon, 30 Jun 2008 05:00:00 ET

Expecting markets to always behave according to your trading models is futile, and experienced traders know that. Being prepared to "assess, adapt, relabel and move on!" is an excellent piece of advice, because markets will throw you a curve ball more often than you'd expect. Elliott Wave International talks about how.

Soybeans: Showers Of Opportunity

Nico Isaac — Thu, 26 Jun 2008 05:30:00 ET

On June 26, Soybean prices rocketed to a new all-time high and took the entire grain complex by storm -- literally. According to the mainstream experts, severe thunderstorms in the already inundated Midwest region are lifting the market’s tide...

Cocoa's Critical Mass: Sweet Serenade or Swan Song?

Euan Wilson — Wed, 25 Jun 2008 05:30:00 ET

Cocoa's price has doubled over the past two years, with much of that gain coming just this year (from nearly 2000 per metric ton in January to 3147 today). The meteoric rise has people talking optimistically about prices (but only if you aren't a chocolate addict.) The path may seem clear for Cocoa, but Elliott Wave International's Senior Commodities Analyst Jeffrey Kennedy isn't convinced. Find out why.

Cotton Prices: Higher Still, Or Is Top In Place?

Vadim Pokhlebkin — Mon, 23 Jun 2008 05:00:00 ET

Scan commodity markets' news headlines right now, and chances are you won't find too many stories about cotton. And if you look at a chart of cotton futures, you will see that prices have been in a slow decline for a few months now. Coincidence? Hardly.

Soybeans: Train To Opportunity

Nico Isaac — Thu, 19 Jun 2008 04:15:00 ET

When it comes to riding the train of opportunity in SOYBEANS, there are two different railways for market players to take: 1.) The “F” line, or fundamental line. AND, the "E.W.I" line, conducted by Elliott Wave International's longtime commodity specialist Jeffrey Kennedy...

Sugar Futures: Simple Move Makes for Big Changes

Morgan Lee — Tue, 17 Jun 2008 06:30:00 ET

The entire foundation of the Elliott Wave Principle is based on three simple rules: Wave 2 can never exceed the origin of Wave 1; Wave 3 can never be the shortest wave; Wave 4 may never end in the territory of Wave 1. Here's what happens if one of them is violated.

Jeffrey Kennedy Reveals His Secrets Of Trading Price Gaps

Euan Wilson — Tue, 17 Jun 2008 05:15:00 ET

Jeffrey Kennedy is one busy analyst. In addition to writing Monthly Futures Junctures, Daily Futures Junctures, Traders Classroom, and posting daily video updates, Jeffrey has somehow also found the time to put together a live webinar this June 24th. We were lucky enough to find Jeffrey's few spare minutes to sit down and ask what he'll be teaching us this time.

Cotton Futures: Simple Does The Trick

Vadim Pokhlebkin — Mon, 16 Jun 2008 11:00:00 ET

Just like most with technical analysis methods, you can spend days coming up with different ways of applying Elliott wave analysis in your trading – or you can try and keep it simple. Personally, I much prefer simple. Trading is complicated enough.

Futures Junctures: The Gift Of Opportunity

Nico Isaac — Fri, 13 Jun 2008 03:45:00 ET

This Father’s Day weekend, give dear ole dad a gift he can actually use, unlike -- say -- a singing necktie. My suggestion: Elliott Wave International’s Senior Commodity Analyst Jeffrey Kennedy’s just published June 2008 Monthly Futures Junctures. Here’s a sneak peak at what’s in store...

Trading: How To Identify Support and Resistance Levels

Vadim Pokhlebkin — Wed, 11 Jun 2008 04:45:00 ET

Once again, I sit down to speak with Jeffrey Kennedy, Elliott Wave International's Senior Commodities Analyst and editor of Daily Futures Junctures, a service that brings you daily opportunities in commodity markets. Today, we talk about ways to identify support and resistance levels in market charts.

Sugar Futures: Sour Prices, Sweet Opportunity

Vadim Pokhlebkin — Mon, 09 Jun 2008 10:45:00 ET

How many times have you heard the widely received notion that SUGAR prices move in tandem with Crude Oil? Here’s the problem: Since hitting a multi-year high on March 14, sugar prices have collapsed -- while oil has continued to make headlines.

Soybeans: Green Light To Opportunity

Nico Isaac — Thu, 05 Jun 2008 05:15:00 ET

In the end, it comes down to this: Where the fundamental camp sees Soybean prices being held prisoner, Elliott Wave International’s commodity expert Jeffrey Kennedy sees prices set free for opportunity. Where the one sees a hold-up, Jeffrey sees the steady progress of a contracting triangle toward its resolution...

Futures: Elliott Wave's Versatility in Action

Morgan Lee — Tue, 03 Jun 2008 05:30:00 ET

Anyone who trades with the Wave Principle will tell you there are numerous advantages to using Elliott wave-based trading strategies versus ones based on other methods. Perhaps the most intriguing factor of the Wave Principle is its adaptability to the real-world situations. Here's one fresh example...

Wheat Futures: New, Current Opportunity

Vadim Pokhlebkin — Mon, 02 Jun 2008 10:45:00 ET

The price of wheat, a red-hot commodity just three months ago, has been in a persistent decline. In fact, prices are down some 40% off the all-time high that occurred in mid-March – a big move. And now, a new opportunity in wheat could be staring us right in the face.

Cocoa: A New Outlook

Nico Isaac — Thu, 29 May 2008 06:00:00 ET

The number one flaw of fundamental analysis is its lack of account for human error. Think about it: If financial markets are well-oiled machines that react mechanically to outside events, it stands to reason -- If you master the system, there’s no way to fail. If that were true, then how do you explain the recent action in COCOA...

Holy Grail of Best Commodity Opportunities

Nico Isaac — Tue, 27 May 2008 03:45:00 ET

On May 23, the long-awaited follow-up to one of the most exciting adventure stories of all time was finally released: One man…and one mission to unearth the hidden treasures of faraway lands.

And no, I’m NOT talking about “Indiana Jones.” The man is Elliott Wave International's Senior Commodity Analyst Jeffrey Kennedy & his quest is to uncover the golden opportunities buried among the world’s leading markets...

Commodities: Spotlight on a Special Opportunity

Nico Isaac — Fri, 23 May 2008 01:45:00 ET

There have been a lot of rumors in the financial media that Feeder Cattle prices will continue falling as the price of corn, the main ingredient in cattle feed, continues to rise. While there is some validity to this argument, from an Elliott wave point of view, Corn and Feeders have different wave patterns. In fact, Elliott Wave International’s Senior Commodity Analyst says he feels quite optimistic about BOTH corn AND cattle prices...

Live Cattle: Big Moo-ve Ahead?

Nico Isaac — Thu, 22 May 2008 05:15:00 ET

When it comes to mainstream analysis of commodity markets, the fundamental analysis experts often dish out more choices for a market’s future direction than a cruise ship buffet table. And the more you take in, the worst you feel. Case in point: These recent news items on the subject of Live Cattle...

Soybeans: A Reason for Excitement

Morgan Lee — Tue, 20 May 2008 06:00:00 ET

There hasn’t been much reason to get excited about soybeans futures lately. The commodity has been defined by short, choppy up-and-down moves for some time, showing no real signs of a trend. That may change very soon.

Commodities: Impulse, Correction, And What It All Means

Vadim Pokhlebkin — Mon, 19 May 2008 04:15:00 ET

Elliott wave patterns in market charts, as you may know, fall into two main groups: impulses and corrections. You may say – interesting, but how do I actually use this knowledge? Here's how...

Soybean Meal: The Stage Is Set

Nico Isaac — Thu, 15 May 2008 05:45:00 ET

It’s just my opinion, but the popular “take” on why futures markets do what they do sounds less and less like the wise and steady Owl AND more like the chicken with its head cut off. Harsh? Well, you be the judge. The following May 14 news stories on Soybean Meal say more than enough...

Commodities: How High-Income Welfare Creates Low-Income Welfare

Robert Folsom — Wed, 14 May 2008 05:00:00 ET

Politicians have lots of devious tools at their disposal, and they're not afraid to use them. One of the most devious of these tools also happens to be the most popular: namely, to mix indefensible spending together with spending that only Scrooge, LordVoldemort, or Hitler would oppose. Take, for example, the $300 billion, five-year "farm bill" now before Congress. It will reportedly pass with a veto-proof majority. Here is some of what the bill allows...

Cocoa Futures: Keep It Simple

Vadim Pokhlebkin — Tue, 13 May 2008 04:45:00 ET

After a period of sinking prices, cocoa dropped again today (May 13), hitting a one-week low. The important question is: how far does this current slide have to go, and when might it turn back up? The answer is – it all depends on whom you ask.

Sugar: On Track To Opportunity

Nico Isaac — Thu, 08 May 2008 05:00:00 ET

In the real world, the supposed well-oiled "machines" of financial markets respond less like KITT, the obedient car of TV’s “Knight Rider” and more like the demon-possessed trucks of Stephen King’s horror flick “Maximum Overdrive.” Case in point, the mid-April news reports claiming SUGAR's uptrend was being driven by High Crude Oil...

Cocoa: You Don't Want To Miss Next Wave

Vadim Pokhlebkin — Wed, 07 May 2008 06:15:00 ET

You may know that one of the Three Rules of Elliott states that, "Wave 2 can never retrace more than 100% of wave 1." By applying this rule in your trading, you always know the exact price point where your "wave 2" is no longer a wave two. Which means that you always know the exact price point where to place your stop-loss...

Coffee: Opportunity Brews

Nico Isaac — Mon, 05 May 2008 05:00:00 ET

Each day, the mainstream financial media engages in a game of Cat and Mouse. Here’s how it goes: Various commodity experts chase after the rapidly fleeing fundamentals in hopes of catching a “live” explanation for the day’s price action. For a real-world example, consider the chase of the usual suspects during COFFEE's winning streak in late February.

Soybeans: A Sizable Move Ahead?

Nico Isaac — Thu, 01 May 2008 05:30:00 ET

Something curious has happened on the way to the “Great Commodity Boom” taking the agricultural world by storm -- one of the most significant grains out there has been heading d-o-w-n, down: Soybeans...

Sugar and Orange Juice: Two Markets To Focus On

Vadim Pokhlebkin — Wed, 30 Apr 2008 05:00:00 ET

Sugar prices have been falling this week. "Of course, it's nice that prices are falling since we're looking down," writes Elliott Wave International's Senior Commodity Analyst Jeffrey Kennedy. "However, markets rarely travel in a straight line. So, within wave (1), where exactly are we?"

Commodity Futures: Corn Up, Cattle Down?

Vadim Pokhlebkin — Mon, 28 Apr 2008 05:45:00 ET

"The manner and extent of the advance from the March low argues that the selloff [in Live Cattle] that began in August 2007 has ended," argues in his April 28 Daily Futures Junctures EWI's Senior Commodity Analyst Jeffrey Kennedy.

Futures: One of 20 Opportunities

Morgan Lee — Fri, 25 Apr 2008 05:45:00 ET

Here’s a quick and simple question: Does the chart below display a commodity futures market headed for a "continued sell-off"?

Rice Scare? Is Supply Really Running Out?

Nico Isaac — Thu, 24 Apr 2008 06:45:00 ET

Three words: Peak Rice Crisis – the budding idea that planet earth is rapidly running out of its last long grain. See also: “Rice Shortage on the scale of the potato famine in Ireland.” (Manila Times)

Commodities: Concerns, Expectations, Speculations?

Vadim Pokhlebkin — Mon, 21 Apr 2008 06:15:00 ET

If today's (Monday, April 21) price action in commodities could be summarized in one news headline, it could read like this: "Commodity Markets Fall On A Variety of Concerns, Expectations and Speculations." But isn't that the same as "fears, hunches and rumors"?

Free Trader’s Crash Course And… Live Cattle

Nico Isaac — Thu, 17 Apr 2008 05:30:00 ET

In the financial world, commodity markets are some of the most volatile and exciting markets out there. Every second matters. It’s not a buy-and-hold kind of game; it’s a hit and run one. Yet – every day, the mainstream experts choose NOT to be where the action is. Then, there’s option “B,” as in Being there...

Futures: Avoid the Sugar Rush?

Morgan Lee — Tue, 15 Apr 2008 05:45:00 ET

Sugar futures rallied to a four-week high today (April 15) – a move that had financial media outlets everywhere scrambling to figure out exactly why everyone’s so "high" on the commodity.

Coffee: Wheel Of Fortune

Nico Isaac — Mon, 14 Apr 2008 05:45:00 ET

Mainstream financial analysis usually does one of two things: Waits around for this or that supply/demand report to provide direction to a seemingly delayed market – OR – cherry picks through the day's events for a “fundamental” reason to explain direction that has already taken place. Either way, it ends up missing out on the action.

Latest On Commodities: Tax Break

Nico Isaac — Fri, 11 Apr 2008 05:15:00 ET

EWI's brand-new, April 11 Monthly Futures Junctures gives you the latest on over a dozen major commodity markets. Here's what's inside...

Coffee Falls: The End, Or Start Of A Trend?

Nico Isaac — Thu, 10 Apr 2008 06:15:00 ET

In the world of Elliott wave analysis, there are distinctive outside characteristics that reveal whether a market’s prices are going WITH or AGAINST the larger trend.

Soybean Meal: You Don't Want To Miss Next Wave

Vadim Pokhlebkin — Wed, 09 Apr 2008 06:00:00 ET

By applying this rule of Elliott in your trading, you always know the exact price point where your "wave two" is no longer a wave two. Which means that you always know the exact price point where to place your stop-loss – a cornerstone of proper risk management.

Futures: Learn To Recognize Complex Corrections

Vadim Pokhlebkin — Tue, 08 Apr 2008 04:30:00 ET

Here’s a quick pop quiz for you. Name the two types of Elliott wave corrective formations in these charts. These are the most basic and common corrective patterns in Elliott wave analysis...

Cocoa Futures: All You Need Is Basics

Vadim Pokhlebkin — Mon, 07 Apr 2008 05:00:00 ET

You've probably heard us say before that at its core, Elliott wave analysis is simple. All you have to do is take your favorite market's chart and look for five-wave, non-overlapping moves followed by three-wave overlapping ones. Just like this diagram shows...

Soybeans: Staying Ahead

Nico Isaac — Thu, 03 Apr 2008 05:00:00 ET

One of the main contentions we have with mainstream financial analysis is its tendency to show up late for a market’s trend. Take, for example, the April 2 news stories regarding the steep drop in Soybean prices to a four-month low.

Corn Futures: Don't Force-Fit Your Analysis

Morgan Lee — Wed, 02 Apr 2008 05:45:00 ET

Markets love to throw curve balls your way, and any successful trader will tell you that the most effective trading strategies are those that allow you to roll with what the market gives you. The Elliott Wave Principle is a system that allows you that much-needed versatility.

Lean Hogs: What Does Price Gap Mean For Trend?

Vadim Pokhlebkin — Tue, 01 Apr 2008 03:30:00 ET

"Now for a simple lesson in basic chart analysis: Gaps usually occur in wave three, the strongest of the three impulse waves. It does not matter if you are looking at a one-minute chart of the S&P, or a monthly Copper chart. Find a gap, and..."

Soybeans and Corn: The Big Splash

Vadim Pokhlebkin — Mon, 31 Mar 2008 06:00:00 ET

Two markets made a big splash in commodities news today (March 31): Soybeans and Corn; the former plunged, the latter rallied. Sounds like a good time to sell Soybeans and buy Corn, right?

Corn and Wheat: Telling Wave Pattern Hints At What's Next

Vadim Pokhlebkin — Thu, 27 Mar 2008 05:00:00 ET

Market corrections stump a lot of traders. You can understand why: Here you are "riding" a trend, everything is fine – when all of a sudden, prices stop trending and go sideways. Or worse – they start to fall (or rise, which is bad news if you are shorting the market.) How do you know ifmit's this just a pause in the trend, or a trend reversal?

Commodities: Sweet Opportunity In Sugar

Nico Isaac — Wed, 26 Mar 2008 05:45:00 ET

On March 20, sugar futures ended an agonizing week with prices dropping 8% to a three-month low. According to the mainstream experts, the steep sell-off was right on track with the fundamentals...but apparently NOT: The very next day, and every session up till March 26, sugar regained its sweet side, soaring to a one-week high. Why?

Soybeans: Go Beyond Conventional Analysis

Morgan Lee — Tue, 25 Mar 2008 05:15:00 ET

While the financial media hangs on every move of the Dow Jones index these days, there is plenty of excitement occurring in other markets around the financial world, too. Take commodities, for example, where soybeans and corn futures markets rocketed upward today (March 25), gaining the most number of points allowed by the Chicago Board of Trade.

Futures: Five Steps Forward…

Vadim Pokhlebkin — Mon, 24 Mar 2008 04:45:00 ET

Markets don't move in straight line or at a steady speed. Prices travel quick and far in waves 1, 3 and 3 (especially wave 3) and it takes prices a long time to travel even a short distance in corrective waves 2 and 4.

Cotton: Opportunity Getting Ripe

Vadim Pokhlebkin — Wed, 19 Mar 2008 05:45:00 ET

"Let me begin by saying that I'm still bullish Cotton." That's the opening line of today's issue (March 19) of Elliott Wave International's Daily Futures Junctures publication. And just what is the editor Jeffrey Kennedy's conviction regarding Cotton based on?

Coffee Futures: Watch Out For The "Hockey Stick"

Morgan Lee — Tue, 18 Mar 2008 04:15:00 ET

If you’ve ever watched an ice hockey game, you know that a hockey stick can be an artistic tool, producing slack-jawed, “did you see that?!” moments. Funny enough, there’s an Elliott wave pattern that goes by the same name. And the outcome of the “Hockey Stick” in wave analysis can produce almost the exact same reaction.

Soybeans, Corn and Wheat: Scared By Equities?

Vadim Pokhlebkin — Mon, 17 Mar 2008 06:15:00 ET

Despite the ongoing turmoil in the stock markets, commodities – such as grains, for example – have remained relative "safe havens" due to their strong rallies. But now, some analysts say that even commodities are starting to crumble under pressure. For answers, we go to Jeffrey Kennedy, EWI's Senior Commodities Analyst.

New Monthly Futures Junctures: Pot Of Golden Opportunities

Nico Isaac — Fri, 14 Mar 2008 04:00:00 ET

Soybeans, Wheat, Corn, Cocoa, Coffee, Sugar, Cattle – and more. This St. Patrick’s Day, you could follow a make-believe leprechaun to a non-existent pot of gold at the end of a rainbow. Or – you could follow EWI's real-life Senior Commodities Analyst Jeffrey Kennedy to his “pot” of golden insight on the world's leading commodity markets in the just-published, March 14 Monthly Futures Junctures.

Coffee Futures: Opportunity Heats Up

Nico Isaac — Thu, 13 Mar 2008 05:45:00 ET

Rule number ONE of conventional economics states: Commodity prices are driven by changes in supply and demand. When it comes to the real world, however, financial markets DO NOT always play by said rule. Take, for instance, the March 13 news items regarding the number of Coffee plants expected to reach fruition.

Sugar Futures: Market Sentiment Is Key

Vadim Pokhlebkin — Wed, 12 Mar 2008 05:30:00 ET

Sentiment is the filter through which traders evaluate everything they know and think about a market. Optimistic traders easily accept bad news and focus on the positives. Pessimistic traders dismiss past successes and focus on fears instead. It's a timely observation, too – because sentiment in Sugar futures happens to be pretty optimistic right now.

Cocoa Futures: Rules of Elliott – Important Nuance

Vadim Pokhlebkin — Tue, 11 Mar 2008 05:30:00 ET

In yesterday's story about Soybean futures, we talked about the Three Rules of Elliott. Today, let's look at the second rule: "Wave 3 is never the shortest among waves 1 and 5," as it applies to the current picture in Cocoa futures.

Soybean Futures: A Rule Violation?

Vadim Pokhlebkin — Mon, 10 Mar 2008 05:30:00 ET

Any market forecast is just that -- a forecast. It's a truism all right -- but one that bears repeating. All too many traders fall into the trap of thinking that what has been proposed as a market's most likely path MUST indeed be the path, forever and ever, amen. If only it were that easy.

Commodities: Focus on Four Markets

Nico Isaac — Mon, 10 Mar 2008 10:50:46 ET

On most days, Elliott Wave International's Daily Futures Junctures' editor Jeffrey Kennedy looks for just ONE price chart that pops out to say "HERE" is a potential near-term opportunity. On some occasions, however, multiple markets burst out of the crowd. In tonight's (March 6) Daily Futures Junctures, Jeffrey Kennedy excitedly shows you that now is such a time.

Futures: How Important Are Fibonacci Numbers?

Vadim Pokhlebkin — Mon, 03 Mar 2008 12:00:00 ET

If you've been reading articles on Elliottwave.com for a while, chances are you probably know that Fibonacci numbers play an important role in Elliott wave analysis of commodities and other markets. How important? VERY. For example, let's look at the recent rally in Cotton futures.

Cotton: Futures Frontrunner (Free Forecast)

Vadim Pokhlebkin — Tue, 12 Feb 2008 12:15:00 ET

The votes are in. The ballots are tallied. The official frontrunner has been declared. We are talking, of course, about the current race to determine which market -- out of all the major commodity candidates out there -- is the greatest contender for near-term opportunity. And the winner is: Cotton. Get your FREE forecast here.

19 Latest Commodity Market Forecasts -- Yours Free!

Vadim Pokhlebkin — Mon, 11 Feb 2008 12:30:00 ET

Turn on CNBC these days, and the two most commonly mentioned "safe havens" in the midst of the ongoing stock market turmoil are "commodities and emerging markets." We at Elliott Wave International have strong opinions on the trends in both of these "safe havens." And aren't you in luck, because starting today (Feb. 6) and through noon on Wednesday, Feb. 13 -- you have FREE ACCESS to our latest commodity market forecasts! DETAILS inside.

Lumber Futures: Building Opportunity

Nico Isaac — Mon, 11 Feb 2008 12:15:00 ET

Lumber prices stand at their lowest levels in thirty years, Canadian Timber mills are shutting down, and the entire future of the forestry industry is up in the air. Contrary to mainstream opinion, however, the lumber bear was not built on the crumbling housing market. And, in the February 28 Daily Futures Junctures, we present detailed price charts that reveal the INTERNAL force behind the market's changes in trend: Elliott Wave patterns.

Wheat: This Event Speaks Volumes About The Trend

Vadim Pokhlebkin — Thu, 17 Jan 2008 12:30:00 ET

From the December 18 peak, wheat prices have fallen in five waves and rallied in three. On top of that, the personality inherent to impulse and corrective waves is clearly present. This development has serious implications for the wheat market from here.

Lean Hogs: Knowing When To Hold 'Em

Vadim Pokhlebkin — Mon, 14 Jan 2008 12:30:00 ET

For an Elliott Wave analyst, "knowing when to fold 'em" does not come from a feeling. It comes from a number of objective FACTS that signal whether NOW is the time to stay in OR get out of a trade. And, in the January 31 Daily Futures Junctures, our LEAN HOG analysis identifies ALL of these "knowing" signs that a significant move is in the cards for this major Meat market.

Soybean Meal: A Telling Wave Pattern

Vadim Pokhlebkin — Tue, 08 Jan 2008 12:30:00 ET

Corrections reflect confusion on the part of the market participants, and for that reason, corrective Elliott wave patterns can get quite complex. But not always. Flat and Expanded flat corrections are one of the simplest patterns, and you will find them in any liquid, freely traded market like Soybean Meal, for example.

Wheat & Cotton: "Underlying Strength"

Vadim Pokhlebkin — Tue, 08 Jan 2008 12:30:00 ET

Markets throw curve balls your way regularly. Expecting them to always behave according to your trading models is futile, and experienced traders know that. So, what do you do? Well, here's a quote that gives an excellent piece of advice: "Assess, adapt, relabel and move on!"

Wheat Futures: Why the Sudden Slump?

Morgan Lee — Wed, 02 Jan 2008 12:30:00 ET

Anyone watching wheat futures on Monday (July 30) witnessed a sizable market tumble, as the commodity lost 2.4% on the Chicago Board of Trade – its biggest drop in two weeks. Wheat’s slide sent the media scrambling for answers why. And what did they discover

Pork Bellies and Lean Hogs: Watch The Trendlines

Vadim Pokhlebkin — Wed, 12 Dec 2007 12:30:00 ET

Trendlines are one of the simplest forms of technical analysis of financial markets. Take a chart, find two extreme price points and connect them with a straight line. You'll be amazed at how often the market will "respect' that trendline going forward. Here's one of the ways you can combine trendlines with Elliott wave analysis.

Futures: Market Sentiment Near Extreme

Vadim Pokhlebkin — Wed, 12 Dec 2007 12:30:00 ET

Market sentiment is a curious thing. A measure of investors' bias towards a particular trend, if you plot it on a chart, you will see that it shifts from extreme optimism to extreme pessimism and back again. And each extreme in sentiment usually coincides with a similar extreme in price. Look at this chart of one particular meat commodity market, for example.

Coffee & Sugar: Caution Advised

Vadim Pokhlebkin — Tue, 11 Dec 2007 12:30:00 ET

You may remember how several of the recent Futures Focus articles pointed out that since November, Coffee futures have lacked a true directional impetus. For two months, prices have been stuck between 130 and 135.00 -- until today (Jan. 8).

Futures: Will Panic In Stocks Affect Commodity Markets?

Vadim Pokhlebkin — Wed, 05 Dec 2007 12:30:00 ET

Futures Focus presents an interview with Elliott Wave International's Senior Commodities Analyst and editor of Futures Junctures, Jeffrey Kennedy. Futures Focus: Jeffrey, how do you think the panic in the stock market may affect commodity futures? Jeffrey Kennedy: I don't think it will have an effect...

Cotton: What Corrective Wave Patterns Tell You About Trend

Vadim Pokhlebkin — Mon, 03 Dec 2007 12:30:00 ET

Take a look at this market chart of cotton futures -- specifically the price action beginning on Jan. 23. Does this chart pattern appear corrective or impulsive? If you know much about the Elliott Wave Principle, the answer is easy...

Wild On The Edges

Alan Hall — Wed, 06 Dec 2006 11:45:00 ET

Edges are where the social and biological action is; they’re the first places shaped by change. On the edges of seacoasts, forests, riverbanks, and -- real-estate bubbles – gulls scream, chipmunks gambol, poison ivy grows, dreamers gamble, and predators wait. Edges are where most of the feeding happens. So what does this have to do with commodities?