Commodities Alert for 1/11/2019

Treasuries Still Outperforming…Are We Seeing a Dead-Cat Bounce?
COMMODS

COMMODITIES RECENT RELATIVE PERFORMANCE UPDATE

We are seeing cash inflows outpace market inflows which means that the market is looking for a safe haven. Beating out commodities means that this could be more protectionary-related rather than economically-related from an inflationary perspective. Cash is not normally a long term hold so be sure to watch out for reversion in the short to medium term.

COMMODITIES TRENDS

Group

ETF

Name

Trend

RSI with Trend

Metals GLD SPDR Gold Trust UP 63
Metals JJC DJ-UBS Copper TR Sub-Idx ETN Ipath UP 49 X
Metals PPLT Platinum ETF UP 60
Metals PALL Palladium ETF UP 66
Energy USO US Oil UP 62
Energy UNG US Natural Gas Fund DOWN 35
Energy KOL Coal ETF Market Vectors DOWN 56 X
Agriculture CORN Teucrium Corn Fund ETF DOWN 48
Agriculture WEAT Teucrium Wheat DOWN 46
Agriculture JO DJ-UBS Coffee TR Sub-Idx ETN Ipath UP 50 X
Agriculture SGG DJ-UBS Sugar TR Sub-Idx ETN Ipath UP 56
Agriculture NIB DJ-UBS Cocoa TR Sub-Idx ETN Ipath UP 55
Agriculture COW DJ-UBS Livestock TR Sub-Idx ETN Ipath UP 64
Agriculture BAL DJ-UBS Cotton TR Sub-Idx ETN Ipath DOWN 40