Lumber, Wheat and Natural Gas had traded higher this week.
Most commodities remain weak except for Metals show sign on Fri. May watch Metals.
I am monitoring the following:
- Cotton (Double bottom based on weekly chart and consolidating this week),
- Natural Gas (monitor for 2ET),
- Wheat (monitor for 2ET),
- Coffee (may pull back based on weekly chart),
- Platinum and
Instruments that show buying interest by Producer/Merchant/Processor/User
- Oats (created 1ET)
- Soybean (created 1ET)
- Rough Rice
- Orange Juice
- Feeder Cattle (HLF 2ET, weakness for time being)