Palm Oil and End of Commodity Bear Market?
Palm Oil just gave its best ever performances since 2012 or since 2007.
Remember 2007 was the peak of Commodity Boom in the 2000.
The questions, is Palm Oil telling us something about the future?
You don't dismiss a big green candle especially if its a Quarterly candle. That's what we are witnessing for 2019 Q4.
A rally in Palm Oil may be beneficial for Malaysian economy since Malaysia still depends hugely on Palm Oil and commodity, and that may also be the reasons why FBMKLCI may has already bottom and may poised to go to all time high in the next few years.
Everything is interconnected, we are living in a global economy.
One can not analyze a market in isolation and of course I don't analyze a market in isolation, but the whole commodity space is a very interesting and showing some interesting sign.
While everyone keep preaching and calling for market to crash, there is always plenty of opportunities available in the financial market. And the greatest gains are being made from looking at long term trend and inflection points.
Unfortunately, majority of people especially in this website are short term traders, whatever, I don't care and I am not here to sell anything.
I am more like a troll because I am contrarian to whatever everyone is doing here but I don't care because if you are able to constantly your wealth, it is more than good enough.
Plenty of reasons for commodity to bottom and go up, weather and climate change may cause drought, so prices will spike. Small players may likely die but the major player will survive.
Regards.
Remember 2007 was the peak of Commodity Boom in the 2000.
The questions, is Palm Oil telling us something about the future?
You don't dismiss a big green candle especially if its a Quarterly candle. That's what we are witnessing for 2019 Q4.
A rally in Palm Oil may be beneficial for Malaysian economy since Malaysia still depends hugely on Palm Oil and commodity, and that may also be the reasons why FBMKLCI may has already bottom and may poised to go to all time high in the next few years.
Everything is interconnected, we are living in a global economy.
One can not analyze a market in isolation and of course I don't analyze a market in isolation, but the whole commodity space is a very interesting and showing some interesting sign.
While everyone keep preaching and calling for market to crash, there is always plenty of opportunities available in the financial market. And the greatest gains are being made from looking at long term trend and inflection points.
Unfortunately, majority of people especially in this website are short term traders, whatever, I don't care and I am not here to sell anything.
I am more like a troll because I am contrarian to whatever everyone is doing here but I don't care because if you are able to constantly your wealth, it is more than good enough.
Plenty of reasons for commodity to bottom and go up, weather and climate change may cause drought, so prices will spike. Small players may likely die but the major player will survive.
Regards.
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