Oranges and the Next Inflation Cycle

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OJ1 Oranges have been building a higher low since spring of 2019 and completed the higher low in the Feb. 2020 crash.

With broad commodities CRB having formed a long-term cycle low in the 1Q2020 and the global economy already heating up and many commodities already breaking out of their multi-year downtrends (Uranium, industrial metals, agriculture), it has become increasingly clear that we are in the next re-flation (growth and inflation) cycle.

a higher low for oranges over a trend duration, at a time when most commodities hit all-time cycle lows, is a more structurally healthy bullish set up than most other commodities.

Gold and silver tend to be the popular way to express a bullish view on inflation, but during times when bond yields are rising with inflation, consumer and industrial commodities tend to outperform the precious metals.
노트
On the left is the Monthly timeframe and on the right is Weekly
bluewaveCommoditiescrbindexediblesfiscalstimulusinflationinflationcycleMultiple Time Frame AnalysisorangesreflationTrend LinesTriangle

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