Related Topics
Trading , Commodities
     

This Chart of Coffee Prices Since 1977 Speaks Volumes

by Editorial Staff
Updated: July 29, 2020

With the big tech names stealing the spotlight lately, it's easy to forget that there is an entire universe of other markets out there.

Take commodities, for example.

Now, you can apply Elliott wave analysis to charts of any time frame. In this video, watch our Commodity Junctures editor walk you through coffee's wave pattern going back some 40 years.

You'll also learn what Elliott waves suggest for this important commodity in the months (and years) ahead.

Free, watch now

Some commodity investors watch the weather…

...others watch Elliott waves.

Sure -- supply, demand and weather events can and do affect commodity prices.

But like any other market with a large investor participation, commodity prices also show reliable Elliott wave patterns.

That's what makes them predictable -- without turning your eye to the sky.

Let us show you what we mean -- try our Commodity Junctures risk-free for 30 days.

Aussie Dollar Soars to Multi-Month High: You Can't Have Your Fed Stimulus Boost AND Eat It Too

In mid-April, Currency Pro Service told subscribers to expect a rising trend in the Aussie/US dollar. We called for a powerful Elliott Wave pattern known as "a third-of-a-third wave" higher. Now see for yourself what followed.

EXCLUSIVE

See Just How "Historic" 2020 Has Been for U.S. Stocks

When you look at the DJIA's past 100 years, a clear Elliott wave pattern emerges. But in 2020, another technical price pattern has entered the picture. It's a rare pattern. In fact, it's so rare, it's only appeared once in the past 100 years. Watch our monthly Global Market Perspective contributor explain the implications.

EXCLUSIVE

NASDAQ vs. DJIA: Does the Recent Divergence Matter?

Since its March bottom below 7000, the NASDAQ has rallied over 4000 points to a new record high. The DJIA… not so much. It's not the first time we've seen a "languishing Dow and the ebullient NASDAQ." This excerpt from our new, August Elliott Wave Financial Forecast explains.