'Twas two nights before Christmas... and all through EWI's house, one creature in particular was stirring: Chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy.
On December 23, Jeffrey left the ultimate package beneath the commodity opportuni-tree: A fully wrapped, brand-new
Monthly Futures Junctures. In this publication, Jeffrey presents original price charts and detailed analysis of the long-term trend underway in these and other commodities:
A Very Shiny Nose: Just as Rudolph leads his pack of reindeer with his red, blinking nozzle, the Continuous Commodity Index (CCI) is the beacon for the overall sector. In the opening "Featured" market segment of the new Monthly Futures Junctures, Jeffrey revisits his original forecast for the bellwether CCI from the September 2011 Monthly Futures Junctures. There, Jeffrey went against the mainstream "commodities are safe-havens" gospel and wrote:
"The CCI tells a bearish story when we apply the most basic Elliott wave analysis."
Since that September 2011 forecast, the CCI has indeed plunged more than 10%. Now, in the brand-new
Monthly Futures Junctures, Jeffrey revisits the CCI to see which market "animal" the underlying wave patterns support: bull or bear. Jeffrey then dissects the price charts of two CCI components --
live cattle and
lean hogs -- to confirm his overall commodity outlook.
12 Days of Christmas; 12 Major Commodities: Next up is
Monthly Futures Junctures "Wave Watch" section. Here, Jeffrey shows you 2 charts of 12 commodities --
24 charts total -- each with clearly marked trendlines, up/downside
price targets, and bold arrows pointing prices in their next likely direction. Off the top are these familiar favorites:
Cocoa: The January 2011 Monthly Futures Junctures outlined this blue print for prices: one more three-wave move to new highs will set the stage for a sizable and lengthy bear market in cocoa in 2011.
The result: Cocoa prices soared to a new, 32-year high in March 2011. From there, the market plummeted 45% in its steepest loss in fifty years. Now, the new
Monthly Futures Junctures' charts show how low prices must go to reach their final destination.
- Orange Juice: The November 2011 Monthly Futures Junctures united technical studies with Elliott wave analysis and came to this conclusion: "With five waves up and down in OJ, we can now look to the downside in this market."
The result: From its November peak, orange juice prices turned down in a powerful sell-off to two-month lows before halting. The new
Monthly Futures Junctures' charts are "100% concentrated"... on showing you what's next for orange juice futures.
- Coffee: In June 2010, the market was scraping the bottom near $1.30/pound. AND, according to the mainstream experts, a very bearish supply picture would continue to keep coffee's cards stacked against it. The June 2010 Monthly Futures Junctures told this very different -- bullish -- story: "... coffee's price could easily double from current levels."
Result: From its June 2010 low, coffee more than doubled in a 78% surge to 30-year highs before turning down early this May.
Now what? The new
Monthly Futures Junctures explains.