Technical analysis for a commodity:
1. Trend Identification:
- Primary trend (weekly/monthly)
- Intermediate trend (daily)
- Short-term trend (4H)
2. Key Price Levels:
- Major resistance (3 levels)
- Major support (3 levels)
- Psychological round numbers
3. Moving Averages:
- 20-day, 50-day, 200-day
- Moving average crossover status
- Distance from key MAs (%)
4. Momentum Indicators:
- RSI with divergence analysis
- MACD signal status
- Stochastics reading
5. Volatility Context:
- ATR (14-day)
- Bollinger Band width
- Historical volatility percentile
6. COT Positioning Context:
- Commercial hedger position
- Managed money position
- Extreme positioning signals
7. Trade Setup:
- Entry zone
- Stop loss (ATR-based)
- Target levels
- Position sizing (based on volatility)
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Commodity Technical Setup
Commodity TechnicalEnergy TechnicalMetals Technical
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Asset Class:Commodities
Research Type:Technical
Stance:Neutral