by Chris Kimble | Nov 18, 2021 | Kimble Charting
Commodities continue to run higher as inflation concerns are becoming an everyday reality for U.S. consumers. Recently, I highlighted a key equities to commodities ratio and asked, is it “Time For Commodities To Out-Perform Equities?“. Today, we turn our attention to...
by Chris Kimble | Jul 22, 2021 | Kimble Charting
The monster rally that unfolded across the commodities spectrum post-COVID crash lows, carried everything from precious metals to energy to lumber to agriculture price higher. While certain commodities have recently pulled back, others have stayed the course. One such...
by Chris Kimble | May 28, 2021 | Kimble Charting
Is Coffee starting to heat up and percolate with other commodities? Looks like it! This chart comes from Marketsmith.com reflecting that Coffee ETF JO, looks to have formed a bullish ascending triangle of late at (1). Two-thirds of the time markets break out of this...
by Chris Kimble | Jun 12, 2019 | Kimble Charting
Is Coffee about to perk up and rally? An important breakout test in a downtrend is near! This chart looks at Coffee on a weekly basis over the past 40-years. Four different times over the past few decades Coffee created multi-year falling channels. When Coffee...
by Chris Kimble | Apr 29, 2019 | Kimble Charting
Coffee has been anything but hot over the past 3-years, as it has declined nearly 50%. Is cold Coffee about to heat up? Possible in the short-term! This chart looks at Coffee futures over the past 16-years. The 50% decline is coffee has it testing its 2005 lows and...
by Chris Kimble | Oct 19, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE At the beginning of the month, the Power of the Pattern shared that Coffee was testing long-term support, as it was at the apex of a bullish falling wedge, with momentum deeply oversold and commercial hedgers were betting big time it would...
by Chris Kimble | Oct 12, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Two weeks ago the Power of the Pattern shared that bullish opportunities were forming in two hard-hit commodity ETF’s. Above is an update of what these patterns look like 10-days after the original posts. On 10/2 we shared this post;...
by Chris Kimble | Oct 2, 2018 | Kimble Charting
Aside from the energy space, commodities have had trouble getting going. In particular, Coffee prices have taken it on the chin. But something good may be brewing in coffee land. Coffee is in a long-term downtrend but it’s short-term “trading” picture may be...
