Do I have to recap the current geopolitics for you? Germany is navigating to its black-out because the gas supply from Russia is being capped (stupid German politicians but okay). Because of the lack of nuclear energy, the Europeans will have a certain electricity problem - at least Germany in the coming winter. So, they will import US natural gas on a large...
I'm still invested with the rest of my original position long in corn, but I'm ready to scale out completely. But just now, I've noticed that the highs and lows from yesterday and today COULD form a beautiful symmetric triangle. So in this uptrend, this could be a chart pattern that indicates a continuation of the existing trend in corn.
Definition of a commodity super-cycle:
Commodity super cycles are decade-long periods in which commodities trade above their long-term price trend.
Technical Analysis:
Using a weekly candlestick to see the bigger picture.
DBC is breaking out of a 10 year long downtrend.
On Balance Volume is supportive, as it is also breaking higher, reaching levels from a...
