COMT: Watching The Commodities From The Sidelines (Archive)
Rangebound COMT: waiting for clearer commodity and technical breakouts before entering.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- 2022 has been good for commodities. 2023 should mark the transition to a new energy order.
- Europe seems to have passed its first cold spell in this winter. But more challenges await. The Russia-Ukraine war and the European winter is structurally changing the game for commodities.
- My technical analysis framework based on Trend Flow, Support/Resistance Location, and False Breakout Traps shows iShares Commodities Select Strategy ETF to be range-bound between critical pivot zones.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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