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The Fall Line-up Preview (In Commodities)
Rerun TV doesn't hold a candle to the markets!

By Euan Wilson
Mon, 18 Aug 2008 09:30:00 ET
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It's late summer, which means a boring TV schedule with nothing but reruns. If you're a Law & Order or CSI type, you might be longing for some good courtroom drama right now. Look no further than the August issue of Monthly Futures Junctures: Senior Analyst Jeffrey Kennedy is the expert on the witness stand and you, the jury, learn the answers to the commodity market's toughest questions.

In the Monthly Feature for August, Jeffrey explains why the components of the grain complex are peaking independently of one another, with some exciting opportunities to come in Soybeans, Corn and Wheat. After the clearly defined tops in Corn and Wheat back in June and March respectively, the question is whether we can expect the same from Soybeans. Jeffrey's got the answer.


Everyone's been talking about the peaks in grain complex and what they might mean, but Jeffrey unravels the Soybeans mystery today with the August issue of Monthly Futures Junctures!

Next up is MFJ's Wave Watch segment: Two charts with clearly defined projections for each of Jeffrey's "big twelve" commodities. These are the markets Jeffrey pores over in Daily Futures Junctures, in turn to offer the best monthly opportunities in the commodities. Here's some highlights:

Coffee: Weather geography playing a selective price role? The latest media explanations for falling prices report a bumper crop in Brazil, with rising fertilizer costs offset by a two-year "higher yield" coffee cycle. If that’s the case, shouldn't dismal weather and soaring production costs in Southeast Asia and Central Africa be having the opposite effect?
 
Orange Juice: The case of the missing price-supply correlation! After a lower-than-expected harvest and predictions of a further 12% fall in Florida's harvest next year, you might expect prices to take a jump. But Orange Juice has remained unfazed and continues its 18-month decline. Jeffrey's got a better idea: use Elliott Wave guidelines to study the pattern and calculate the most likely downside end.
 
Cocoa's roller coaster ride: It's been a volatile few months for cocoa with huge sell off days paired against heavy buy backs. The "experts" have been through the entire playbook on this one, with explanations that range from inflation to the weather to demand woes to (in)stability in the Ivory Coast. Yet there is one explanation that really can account for every move up and down: the Wave Principle. With Jeffrey's application, the entire "playbook" is edited down to a simple and crystal clear graph.
 
For most analysts, all this would be more than enough for one publication (especially if they also presented on a 2-hour live webinar this past Wednesday, August 13, on Moving Averages, check that out right here.) Yet Jeffrey offers more. Driven to pass on 15 years of hard-learned trading lessons to his readers, he teaches us why "2 really is better than 1" in this month's Trader's Classroom. Avid investors and new students of technical analysis alike won't want to miss this first half of a two-part exposé on Double Divergence.
 
So while you're waiting for fall's season premieres, why not take a risk-free look at a different source of compelling drama: the Monthly Futures Junctures August issue.

Tags: Monthly Futures Junctures, Grains, Corn, wheat, soybeans, coffee, cocoa, orange juice

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