CHARTS AND COMMENTS

Yearly high and lows

Throughout the year, how many days between yearly low and yearly high?

Here is an updated table of the duration between highs and lows and lows to highs in Calendardays. It does not tell when the highs and lows arrive, only duration between them. Updated 28.09.2021

Highs and Lows of the year 2001 - 2021

Over the last 20 years, the table shows that the average time between yearly high and yearly low is more than 200 calendardays (on average).

The last 10 years, the German DAX index and the US Nasdaq100 index have both reached its yearly high before its yearly low, every year but in 2018. Is there a change to this pattern in 2022 where the high of the year steps in first? 

This overview is a clear proof that trends lasts a while.


Monthly changes

Ever wondering how a particular asset is doing through a certain month?

There is now a monthly performance view for each and every month from 2001 - present in:

GoldSilverCoffeeSugarCocoaNasdaq100DAXBitcoinLumber and Platinum.

The monthly changes table is located below the indicators on the respective sites.

 


PLATINUM MONDAY JULY 26.

Together with Gold and Silver, Platinum prices are acting heavy these days. The precious metal should historically trade higher from end of June into August or September, but the chart below shows weakness rather than strength. 

Trades above 1109, which is the latest bar high in the chart above, could be the first indication in the weekly chart, for higher prices to come.

 


GOLD FOR MONDAY JULY 26.

Gold is basically sideways the last two weeks, see chart bleow.

Unless there is tradingaction above 1.825 in the coming week, the metal could next be under pressure.


SILVER FOR MONDAY JULY 26.

Silver looks heavy in the weekly chart, see below.

There is little strength unless Silver prices starts trading above 26.50.


Days to Yearly high

....Suprised "nobody" brings up this issue.

From the start of the year, how long does it take before a market makes its Year high level?

Looking into the last 20 years for both the Nasdaq100 index and the German DAX index, there are interesting findings. First of all, they most often bring in the Yearly high about the same time every year. If there are many days in between respective highs, it  is easily because of a consolidation for one of the indices having several high-points that very year.

Below you see the present state. Either markets turns down "now" from the now Year high's (marked with a red line), or next, lasts at least 55 more calendar days (Green line).

Walking through the fall without challenges for markets could quickly mean the Nasdaq100 and the DAX continues higher into "year end".

Calendardays To Yearly high'sThis is history so you never know about markets. Whatever you choose to do, make sure the preferred stop loss is in place. 


PLATINUM WEEKLY

Is there enough strength in the current Platinum markets to push prices higher or lower?

The answer might be in this chart below as it is easy to get caught up in the noice.

The chart below is showing the weekly performance for Platinum prices through Friday the 16th of July. The graph is derived from weekly price changes. Week open, week low, week high and week close.


SILVER WEEKLY

Is there enough strength in the current Silver markets to push prices higher or lower?

The answer might be in this chart below as it is easy to get caught up in the noice.

The chart below is showing the weekly performance for Silver prices through Friday the 16th of July. The graph is derived from weekly price changes. Week open, week low, week high and week close.


GOLD WEEKLY

Is there enough strength in the current Gold markets to push prices higher or lower?

The answer might be in this chart below as it is easy to get caught up in the noice.

The chart below is showing the weekly performance for Gold prices through Friday the 16th of July. The graph is derived from weekly price changes. Week open, week low, week high and week close.


Lumber prices

LUMBER PRICES AT THE YEAR 1993 LEVELS.

From late October 2020 last year to the beginning of May 2021, Lumber prices soared 240%. That's alot of change in raw material prices in a very short time.

The last 50 tradingdays have erased it all, retracing 70% equal to the entire up-move. The story does not stop there.

Did you know that 28 years ago, lumber prices was at the same level as it is today? But we fast forward to 2018 and the historical graph is displayed below.

From May of 2018 (Lumber was a little higher than it is today) to April last year (over 686 calendar days) prices fell as much as 59%. From april 2020 to May 2021 (over 400 calendar days), the prices actually exploded as much as +539%.

Since the beginning of May (now 50 tradingdays), prices have fallen 70% and is back to those famous 1993-levels.

So, as of today Lumber prices have "done nothing in 28 years", but with extreme fluctuations. - Is it time for Lumber prices start climbing steadily higher in the years to come?

210721 - lumber history

This chart show you the daily Lumber Futures prices from Jan 1st 1980 to July 21st of 2021.

Make sure you totally understand the risk in trading futures. Past performance is not future performance. 



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