by Chris Kimble | Sep 24, 2020 | Kimble Charting
Inflation has long been a word that the Federal Reserve uses but the general markets have forgotten about. Why? Well because it’s been virtually non-existent for years. Key indicators like commodities (i.e. copper) have been in a down-trends and the Materials Sector...
by Chris Kimble | Aug 31, 2020 | Kimble Charting
Recently Federal Reserve Chair Jay Powell said he is targeting inflation. Perhaps the market is seeing something similar. This prompts today’s question (and chart): Are the markets about to send a new message regarding inflation? Today’s chart “2-pack” highlights a...
by Chris Kimble | Aug 10, 2020 | Kimble Charting
After a 9 year tail-spin, Commodities are starting to show life in 2020. Precious metals have been very strong, and commodity bulls are hoping the grains (and energy) follow suit. In today’s chart, we look at a long-term “monthly” view of the Thomson Reuters Equal...
by Chris Kimble | Jul 13, 2020 | Kimble Charting
It’s been a rough decade for commodities… but there may be light at the end of the tunnel. As you can see in today’s chart, the Equal Weight Commodity Index made new decade lows this spring at (1). In general, this is bearish. BUT, prices reversed higher with a little...
by Chris Kimble | Jun 22, 2020 | Kimble Charting
The US Dollar sell-off and subsequent rallies in the Euro and Aussie Dollar have given commodity bulls reason to watch the forex and be hopefull. A weak Dollar (and strong Euro / Aussie) tends to be a tailwind for commodity prices. As you can see in today’s chart, the...
by Chris Kimble | Jun 16, 2020 | Kimble Charting
After peaking in 2011, TR Equal Weighted Commodities index has traded in a tight declining trend channel. The falling trend channel is marked by each (1). As you can see, price recently fell through the support line at (2), leading to lower lows before the recent...
by Chris Kimble | Jun 2, 2020 | Kimble Charting
Is the Aussie Dollar about to jump higher and signal that Commodities and interest rates are about to do the same? Possible! This chart looks at the Aussie Dollar on a monthly basis over the past 16-years. The AU$ created a bottoming pattern over several months in...
by Chris Kimble | Apr 3, 2020 | Kimble Charting
Are we headed towards a Depression or is the worst already behind us? In today’s world, comparisons to the great depression are easy to find. Are the Depression concerns well founded or are the declines of late already pricing in a bottom? In my humble opinion,...
