CHARTS AND COMMENTS

Metals markets - 5

Gold, Silver and Platinum have been quite strong the last 5 weeks.

The weekly chart above is showing strength for the precious metals over the last 5 weeks, but we could also say the last 9 weeks. Seasonality points to a turn down in week number 8 (to last about a month), so do not be suprised if metals stalls and take a breather for some time. Technical indicators do also favour a pause and you never know.

Technical indicators may at times stay in overbought and oversold conditions for much longer than you could imagine. As long as the weekly bars are Blue, markets perfer to buy up the metals.

The chart above is formulated into a diagram equally weighted for Gold, Silver and Platinum to more easily visualize what's going on. Read Disclaimer.


SEASONALITY FOR DAX AND NASDAQ100

The European DAX index, and the technology weighted Nasdaq100 index, do show common periods of strength and weakness throughout the year.

The picture below shows the common strong and weak periods for the two markets. Left side is January 1., and right side is December 31. The horizontal line is the timeline for 2022, and shows where markets are at right now. The strong and weak time periods range from 11 to 43 calendar days before changing course.

The Blue fields show both markets have a tendancy to stay strong, the Pink fields show both markets have a tendancy to stay weak.

Horizontal Green line is updated after this article ( as of Sunday March 6th. 2022 ).

According to seasonality, both markets are now trading in a common weak phase since January 26. (Dax at 15.450 and Nasdaq100 at 14.160). The present weak period could last until March 23. for now (36 more Calendar days).

The model is Pink if DAX and or Nasdaq100 is weak, and Blue if both the DAX and the Nasdaq100 are strong.

Always do your own research before entering into any market positions. 


NASDAQ100 AND DAX WEEK 7

So where are the stockmarkets at in Mid February of 2022?

For Europe, most investors look at the DAX index as a proxy for the market. In the USA and all over the world for that matter, the Nasdaq100 is a popular index. Putting both of them together into one graph is interesting because it could tell you more about the stockmarkets temperature in general.

At 14.600, the Nasdaq100 is -10.5% and at 15.400 the DAX -2.5% YTD. Putting them toghether, they now see weakness over the last 5 weeks.

On a weekly scale Nasdaq100 and the DAX see a lower low and a lower high. This favours lower prices to come. Bias to the upside would see higher highs and higher lows.

Until the indices are able to climb into creating a Blue bar, weakness will continue.

For updates on the indices and seasonality, see Nasdaq100 and DAX.


COFFEE, SUGAR AND COCOA WEEK 7

Half way into week 7 of 2022, here is how the Soft commodities of Coffee, Sugar and Cocoa are developing.

One bar equals one week of trading activity. The overview shows the graph equally weighted between Coffee, Sugar and Cocoa. Since mid November last year, they are collectively + 13.5%.

The chart shows higher highs and higher lows on the weeky scale, indicating strength rather than weakness. The Softs are now trading at the level seen in February of 2020. Until markets see a Red bar on the weekly scale, the uptrend prevails.

For more updates and seasonality behaviour, see Coffee, Sugar, and Cocoa.

#coffee #sugar #cocoa #coffeeprices #sugarprices #cocoaprices #tradingcoffee #tradingsugar #tradingcocoa #coffeeseasonality #sugarseasonality #cocoaseasonality

 


Gold Silver and Platinum in Feb. 2022

Gold, Silver and Platinum are collectivly higher going into February. The chart below gives you the overview of how they are performing all toghether on a monthly scale. Each bar represent one month of trading activity.

The latest monthly bar is coloured in Blue, signalling strength rather than weakness. With its higher high and higher low for January, there is potentially more strength to come in February. This trend would be supported by the traditional seasonality. See the sections of Gold or Silver or Platinum for specifications.


Precious Metals in 2022

This chart below represents seasonality for Gold, Silver and Platinum in 2022.

It is to be read like this:

BLUE PERIOD - ALL STRONG SEASONALITY.

PINK PERIOD - ALL WEAK SEASONALITY.

BLUE HORIZONTAL LINE - HOW FAR INTO THE YEAR MARKETS ARE TRADING.

GOLDEN LINE - SHOWS STRONG PERIODS FOR GOLD.

SILVER LINE - SHOWS STRONG PERIODS FOR SILVER.

DARKEST LINE - SHOWS STRONG PERIODS FOR PLATINUM.

RED LINES - ALL WEAKER PERIODS FOR GOLD, SILVER AND PLATINUM.

 

Gold Silver and Platinum Seasonality 2022

Blue horizontal cursor is updated as of  Thursday February 17th.

The overview above shows you how seasonality (historical performance) have been for the 3 metals. Whenever there is a Blue period all three metals are strong. Whenever there is a Pink period one or more of the metals are weak.

The graph should give a pretty clear picture of when the individual metals could be strong (weak) throughout the year.

History is never any guarantee for the future. Read disclaimer.


The Low in 2022

The overview below shows the perspective of When do markets make its Low of the year? In what month. Is it more likely to be about the same month each year? Does it differ per asset, and are there similarities?

Regardless of your market view, and technical analysis, here is the truth. Study the table.

Month Low


The High in 2022

The overview below shows the perspective of When do markets make its High of the year? In what month. Is it more likely to be about the same month each year? Does it differ per asset, and are there similarities?

Regardless of your market view, and technical analysis, here is the truth. Study the table.

Month High


Perspectives in 2022

This table is a gift and should be valuable to anyone participating in the markets. 

It shows how many calendar days there are between the two extremes (the yearly high and the yearly low) within the year, since 2001.

The overview also includes Bitcoin from 2011 and the Crypto Market from 2015.

Duration

In other words, when a lowpoint (highpoint) is set for the year, it will be most likely to see the upcoming highpoint (lowpoint) more than 200 days later. Stay patient.

#gold #silver #platinum #dax #nasdaq100 #coffee #sugar #cocoa #bitcoin #cryptos

 


Metals failing?

This chart below consists of Gold, Silver and Platinum, and presents the monthly scale where each bar equals one month of trading activity. Weightings of the metals are set equally.

According to the graph, there is little strength and more weakness to the developments for the precious metals sector (for now).  Traditionally, a chart like the one above could see very much lower prices ahead if it breaks down for real. A broader consolidation has built up the last few months...and the latest monthly bar shows a lower low and lower high, - purifying the potential for further weakness to come.

"The only" rescue to see higher prices...is perhaps Seasonality. Historically, January and February are strong months for all three metals. Happy trading in 2022 and stay tuned!

#gold #goldprices #silver #silverprices #platinum #platinumprices #preciousmetals #preciousmetalsprices



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