The Markets are moving!
Is this phase 2 of the Commodity Super Cycle?
Our Monthly Futures Trend Scan nicely shows how markets are lining up for another explosive leg higher within this early stage Commodity Super Cycle.
US Equities have shown good follow-through coming out of several higher timeframe Gecko S1 patterns. There are actually three S1 patterns – one embedded within the other – which adds triple pressure to the upside.
Metals and Energies are bullish, probably waiting for another strong sell-off event before the markets bottom out.
Natural Gas is most probably in a reversal situation to join the commodity crowd in a long-term bull.