This Chart of Coffee Prices Since 1977 Speaks Volumes
by Editorial Staff
Updated: July 29, 2020
With the big tech names stealing the spotlight lately, it's easy to forget that there is an entire universe of other markets out there.
Take commodities, for example.
Now, you can apply Elliott wave analysis to charts of any time frame. In this video, watch our Commodity Junctures editor walk you through coffee's wave pattern going back some 40 years.
You'll also learn what Elliott waves suggest for this important commodity in the months (and years) ahead.
Free, watch now
Some commodity investors watch the weather…
...others watch Elliott waves.
Sure -- supply, demand and weather events can and do affect commodity prices.
But like any other market with a large investor participation, commodity prices also show reliable Elliott wave patterns.
That's what makes them predictable -- without turning your eye to the sky.
Let us show you what we mean -- try our Commodity Junctures risk-free for 30 days.
Heavy buying of U.S. stocks by this group of investors has usually served as an “excellent indicator.” A historical chart provides a case in point. Get the insights you need to know – and learn why these insights are relevant now.
In early May, Jeffrey Kennedy showed a chart of NIO and said the stock was in the early stages of a powerful third wave: See for yourself what unfolded next.
EMLC is a fairly exotic market instrument reflecting the values of… other fairly exotic market instruments. It's an ETF that tracks bonds issued by emerging market governments. Can a market like that reflect accurate Elliott wave patterns? Watch our Interest Rates Pro Service editor explain.