Commodity Outlook: Finding antivenoms in the Year of the SnakeWe are about a month into the Chinese Year of the Snake. The preceding Year of the Dragon (10 February 2024 to 28 January 2025) brought significant momentum to the asset class with broad commodities rising 10%, precious metals rising 36%, industrial metals rising 12%, and even energy and agriculture
Myth-busting: top 6 misconceptions about commoditiesWisdomTree has long-standing expertise in commodities, and this asset class constitutes a core part of our business. We aim to debunk several myths that surround commodity investing1.
Myth 1: Commodities are only a tactical instrument
Some believe that commodities trade in a range and do not out
Commodities Are Waking Up From The SupportCommodities are waking up from the support with the help of China stocks and there's room for more upside.
Bloomberg commodity index with ticker AW made a nice three-wave (A)-(B)-(C) correction with the wedge pattern into wave (C). Unless it has alternatively unfolded a leading diagonal from the h
Commodity Outlook: Cyclical pressures vs structural strengthsCommodities have been enjoying a strong revival in recent years, with broad commodities returning 27% in 2021 and 15% in 2022. A combination of fiscal and monetary support in the early phases of the COVID-19 pandemic helped to soften the damage to demand from one of the deepest economic shocks in mo
Commodities are more than just an inflation hedgeIn 2022, we saw some of the highest levels of inflation in the US and Europe since the 1980s (Figure 1). Not only had central banks left the punch bowl at the party for too long, but many supply shocks had sent prices rising sharply. The Ukrainian war, for example, sent energy and food prices higher
Commodity Index AnalysisBear case: There is a descending triangle and a time cycle of peaks suggesting downside.
Bull case: There is a trendline suggesting upside
General: If the green trendline is broken to the downside, there is no moving average support* until the 20-month SMA and below that there is only the 100-week
Commodity OutlookRecession may be a red herring for a market fuelled by a supercycle
While broad commodities have outperformed most major asset classes year-to-date1, the pressure of rising interest rates, a strong US dollar and fears of several large economies tipping into recession has led to a pull-back since t
Trendline and Channel Tutorial: Part 2In part 2 we discuss how to construct and utilize sloped trendlines (TL) and Channels in order to better understand the ebb and flow of supply and demand. Like most other charting techniques understanding supply and demand and its relationship to trends and channels depends on you staring at hundred
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Bloomberg Commodity Index Futures is 101.03 USD — it has fallen −0.43% in the past 24 hours. Watch Bloomberg Commodity Index Futures price in more detail on the chart.
The volume of Bloomberg Commodity Index Futures is 1.46 K. Track more important stats on the Bloomberg Commodity Index Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Bloomberg Commodity Index Futures this number is 51.73 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Bloomberg Commodity Index Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Bloomberg Commodity Index Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Bloomberg Commodity Index Futures technicals for a more comprehensive analysis.