Friday, January 31, 2014
Big wave patterns in a bunch of commodities
Looking at the grain markets… we appear to be putting in large wave patterns that are acting like w2's . Monster wave patterns usually proceed monster price moves. So don't be surprised if you see big moves in commodities over the next couple years. The fact that everyone is bearish on commodities is an even greater sign in my opinion. Markets bottom on great supply and over abundance. Then there is a catalyst… what it could be is anyone's guess. Stock market collapse , dollar devaluation , bond rates too low maybe… would make sense… we will see where we go.
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