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Knock on Wood: Lumber’s Downtrend Set to End?
Elliott wave analysis of lumber suggests that the larger trend is now "back in force"

By Nico Isaac
6/19/2013 5:45:00 PM

If ever there was a time for fundamental analysis of financial markets to win us over and show once and for all that markets really do move up or down according to outside events -- it was in March 2013. And the market exemplar was lumber.

Filed Under: Daily Futures Junctures, fundamental analysis, futures trading, housing prices, Jeffrey Kennedy, lumber futures

Category: Commodities


An Analyst’s Best Friend? A Contracting Triangle
Two real-world examples of how an Elliott wave contracting triangle sets near- and long-term stages of opportunity

By Nico Isaac
6/14/2013 6:00:00 PM

Everyone knows: If you want the best meal in a fancy restaurant, ask what the chef's favorite dish is. That's what you order.  Likewise, if you want to make the most of near-term Elliott wave patterns, just ask which of the 13 known patterns is EWI Senior Analyst Jeffrey Kennedy’s favorite wave formation is. Then you wait for it to appear on the “plate” of a market’s price chart.

Filed Under: cocoa futures, coffee futures, commodities, contracting triangle, Daily Futures Junctures, Jeffrey Kennedy, sugar futures, wheat futures

Category: Commodities


Is the Live Cattle Bear Market Coming to an End?
And how Monthly Futures Junctures foresaw cattle's reversal from its beginning

By Nico Isaac
6/4/2013 11:00:00 AM

In late 2012, live cattle prices were rallying to new contract highs. And, according to the mainstream pundits, the 'fundamentals' would keep prices moving due north. Rather than driving north, however, live cattle prices turned south in a precipitous slide to the one-year lows we see today. 

Filed Under:

Category: Commodities


The Next Phase in Commodity Prices: Think BIG
The May 2013 Monthly Futures Junctures video reveals "how big"

By Nico Isaac
5/28/2013 5:00:00 PM

In his just-released May 2013 Monthly Futures Junctures video, EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy reveals that an across-the-board, multi-decade Elliott wave pattern has set the commodities stage for "big moves to the downside, followed by even bigger moves back to the upside." 

Filed Under: coffee futures, commodities, cotton futures, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, long-term trend, Orange Juice

Category: Commodities


Get in Front of the Live Cattle Herd
In November 2012, Monthly Futures Junctures anticipated the turn in live cattle

By Nico Isaac
5/23/2013 11:45:00 AM

In late 2012, live cattle prices were rallying to new contract highs. And, according to the mainstream pundits, the 'fundamentals' would keep prices moving due north. Rather than driving north, however, live cattle prices turned south in a precipitous slide to the recent contract lows...

Filed Under: commodities, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, live cattle futures

Category: Commodities


Why a Triangle Marks the Spot of Opportunity in Cocoa
See how a contracting triangle preceded dramatic price moves in 2 major commodity markets

By Nico Isaac
5/16/2013 4:00:00 PM

School may be winding down for summer break, but the Elliott Wave class is still very much in session. And on the syllabus for today's lesson is the Elliott wave pattern known as the contracting triangle.  Here's where you'll want to start taking notes. First, there's the basic definition and diagram of the pattern.Then, there's two real-world examples of the contracting triangle signaling dramatic price moves in sugar and coffee.

Filed Under: cocoa futures, coffee futures, commodities, contracting triangle, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, sugar futures

Category: Commodities


Soybean Prices: Sticking Out Their Neck(line)
3 real-world examples of how the head-and-shoulders pattern anticipates dramatic price moves

By Nico Isaac
5/10/2013 6:00:00 PM

You've probably never heard the words "Mint Chocolate Chip" and "Head-and-Shoulders pattern" uttered in (nearly) the same breath. But for EWI's senior commodities analyst and Futures Junctures Service editor Jeffrey Kennedy, those apparently unrelated phrases do indeed have something in common -- namely, they are two of Jeffrey's favorite things in the whole wide world:

Filed Under: cotton futures, Daily Futures Junctures, Gold, head and shoulders pattern, Jeffrey Kennedy, soybean futures, soybean oil, technical analysis

Category: Commodities


Is Copper's Bear Market Over?
Why the answer is NOT about supply

By Nico Isaac
4/30/2013 5:00:00 PM

April 2013 has seen copper prices go from low to... lower still. In the week ending April 19, prices experienced their largest percentage decline in 16 months to land solidly in Grizzly Acres. See: "Copper Slides Into Bear Market" a recent blunt-truth headline in the Wall Street Journal.  

Filed Under: copper futures, Daily Futures Junctures, Elliott wave, fundamental analysis, Jeffrey Kennedy, trendlines

Category: Commodities


Commodities Overview: The Wheels of Change Are in Motion
New April 2013 Monthly Futures Junctures: The big picture commodities outlook for 2013 and 2014.

By Nico Isaac
4/29/2013 6:30:00 PM

In March 2013, a Geneva-based research study concluded that commodity markets are driven by "self-reinforcing mechanisms," and not "by external information." The Elliott Wave Principle identifies that "self-reinforcing mechanism" as investor psychology, which unfolds in clear and observable Elliott wave patterns on market price charts. When it comes to anticipating those patterns and forecasting the trend in key commodities, nobody is more qualified than EWI’s senior analyst and Futures Junctures Service editor, Jeffrey Kennedy.

Filed Under: commodities, cotton futures, Elliott wave, Elliott Wave Principle, head and shoulders pattern, investor psychology, Jeffrey Kennedy, soybean futures

Category: Commodities


Sugar Futures Fall, and Elliott Waves Are There to "Catch" Them
How exactly does Elliott wave analysis work?

By Vadim Pokhlebkin
4/18/2013 9:00:00 PM

If you come to our website often, you have seen many examples of the waves' ability to forecast the markets. But what makes that possible?

Filed Under: commodities, Elliott wave, Elliott Wave trading, futures trading, investor psychology, Jeffrey Kennedy, sugar futures

Category: Commodities


Fundamental analysis failed to anticipate the March-April selloff in cotton
The dangers of projecting present trends into the future

By Nico Isaac
4/17/2013 5:30:00 PM

In mid-March 2013, cotton prices had enjoyed a three-month, 18% rally to their highest level in a year. And according to the fundamental experts, the "externals" in the cotton market would continue to propel prices higher. Instead, cotton prices embarked on a sharp selloff to the one-month prices lows we see today.

Filed Under: commodities, cotton futures, Daily Futures Junctures, fundamental analysis, Jeffrey Kennedy

Category: Commodities


The ABCs of Identifying the Start of Orange Juice's Bear Market
The Elliott wave" zigzag" pattern anticipated the 2012 peak in OJ. That same pattern may help identify cocoa's next near-term move

By Nico Isaac
4/4/2013 5:30:00 PM

Can Elliott wave analysis identify meaningful price turns in commodity markets before they unfold? Yes -- if you have the patience and discipline to await the development of a familiar Elliott wave pattern on the price chart of the market(s) you follow. Of the 13 Elliott wave patterns, the zigzag is among the easiest to identify.

Filed Under: cocoa futures, commodities, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, Orange Juice

Category: Commodities


Corn: What to Make of the HUGE 14% Sell-Off?
On April 1, corn futures fell more than 6% in a single day, and it wasn't an April Fool's joke or a data glitch.

By Vadim Pokhlebkin
4/2/2013 1:15:00 PM

Analysts blamed the plunge on "bigger-than-expected U.S. stockpiles and increased planting..." (Bloomberg) But as is often the case, Elliott waves tell a different story -- in fact, they sent the signal in advance. On March 27, the very day when the sell-off began, Jeffrey Kennedy, the editor of our Daily Futures Junctures, offered this forecast...

Filed Under: commodities, corn futures, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, supply and demand, technical analysis

Category: Commodities


Corn Prices Crash the Daily Exchange Limit
One day before corn’s free fall, DFJ delivered an evidence-based forecast for a sizable move to the downside

By Nico Isaac
3/28/2013 6:30:00 PM

In the March 27 Daily Futures Junctures, Jeffrey revealed a mountain of evidence suggesting that corn prices were set to experience a dramatic decline. One day later, on March 28, corn prices stunned the futures marketplace by plunging more than 5%. This exceeded the maximum daily limit allowed on the Chicago Board of Trade and marked corn’s biggest single-day slide in ten months.

 

Filed Under: commodities, corn futures, Daily Futures Junctures, Elliott wave, fundamental analysis, futures trading, Jeffrey Kennedy

Category: Commodities


Don’t Blame Sugar’s Bear Market on a Glut in Supply
Monthly Futures Junctures used Elliott wave analysis instead of supply data to anticipate sugar's turn down from the February 2011 peak.

By Nico Isaac
3/26/2013 10:30:00 AM

According to conventional economic wisdom, the law of supply & demand applies to investor behavior in financial markets, meaning an excess in supply cause commodity prices to fall. Let’s take the recent price action in sugar. On March 25, sugar futures ended the day at their lowest level in two-and-a-half years. Point of fact, sugar futures have plummeted 50% since hitting a 30-plus year peak in February 2011.

Filed Under: commodities, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, long-term trend, sugar futures, supply and demand

Category: Commodities


What’s Driving Live Cattle Prices Down?
In November 2012, Monthly Futures Junctures anticipated the turn in live cattle

By Nico Isaac
3/20/2013 5:30:00 PM

It may sound a bit far-fetched, but navigating trend changes in financial markets is like riding with a long-distance cattle drive. Hear me out: In both cases, the best position is at the front of the herd, which is actually reserved for the most skilled, senior cowhands. It follows that the worst position is behind the herd. This area is reserved for novice cowboys (called “pilgrims”) or insubordinates. It’s also known as the “dustbowl” for the clouds of dirt that the herd kicks into the riders’ eyes.

 

Filed Under: commodities, Elliott wave, fundamental analysis, Jeffrey Kennedy, live cattle futures

Category: Commodities


Press Play to See Jeffrey Kennedy's Far-Reaching 2013 Commodity Outlook
Futures Junctures Service 3-part video series on long-term trends in key softs, grains, and livestock. Here are exclusive highlights from video 1.

By Nico Isaac
3/12/2013 6:00:00 PM

Spring hasn't even arrived officially, yet some of us are already feeling the three "izies" of the season: hazy, fuzzy and dizzy. Yet it's not my hay fever that has my teeth on edge, but the suffocating cloud of mainstream financial news regarding long-term commodity trends.

Filed Under: Chinese markets, cocoa futures, coffee futures, commodities, cotton futures, diagonal, Elliott wave, Jeffrey Kennedy, Orange Juice, sugar futures

Category: Commodities


Corn Prices Could be Headed in One Direction for All of 2013
A real-world example of how EWI's Futures Junctures used objective Elliott wave analysis to anticipate the 2011 crash in cocoa

By Nico Isaac
3/1/2013 1:30:00 PM

Today we discuss the often-exciting Elliott wave pattern known as the Ending Diagonal. If you're new to Elliott, an ending diagonal signals exhaustion of the larger trend...

Filed Under: cocoa futures, commodities, corn futures, diagonal, Elliott wave, Jeffrey Kennedy

Category: Commodities


The Next Chapter in the Commodities Story Is Just Beginning
Brand-new, all digital Monthly Futures Junctures video forecasts the next big moves in 10 key futures markets.

By Nico Isaac
2/22/2013 6:00:00 PM

On Feb. 6, the World Bank released its Global Economic Prospects' Commodity Market Outlook. The 26-page document is a great read if you've got an afternoon to spare (or want to cure insomnia). But for the rest of us, this short version should do: Commodities across the board should "ease marginally" in 2013 so long as a boatload of factors play out as expected. Multiple plotlines is fun when you're kid. But when it comes to futures markets, the goal is to narrow, not expand the scope of probable outcomes.

Filed Under: coffee futures, commodities, corn futures, fundamental analysis, futures trading, Jeffrey Kennedy, Relative Strength Index (RSI), stochastics, technical indicators, Traders

Category: Commodities


Opportunities in Key Commodity Markets Are Not 2 Good 2 B True
Before-and-after charts of four major commodity markets show how Daily Futures Junctures anticipates near-term trend changes before they unfold

By Nico Isaac
2/15/2013 5:30:00 PM

The charts in today's column come courtesy of Elliott Wave International's sweet near-term commodity-based service Daily Futures Junctures. I've pulled from the bag of opportunities identified by Daily Futures Junctures editor Jeffrey Kennedy in recent months. And no, unlike the sugar-coated candy messages, the before-and-after charts below are not 2 Good 2 B True.

Filed Under: coffee futures, commodities, corn futures, Daily Futures Junctures, Elliott wave, feeder cattle futures, Jeffrey Kennedy, wheat futures

Category: Commodities


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© 2013 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.