Commodity Prediction Based on Pattern Recognition: Over 6% Short Sell Yield In 14 Days

Commodity Prediction

This Commodity Prediction  is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 commodities with bullish or bearish signals indicating which are best to buy:

  • Top 10 commodities for the long position
  • Top 10 commodities for the short position

Package Name: Commodities
Recommended Positions: Long & Short
Forecast Length: 14 Days (01/17/2017 – 01/31/2017)
I Know First Average: 0.56% (Long) & 1.79% (Short)
Commodity Prediction
During the 14 Days forecast, the algorithm had predicted high returns for those seeking investment ideas. The best performance in the short position came from Nickel which registered a return of 6.08%. For the long positions the largest growth was registered by GDX with a return of 5.23%, during the same period. The package itself, had an overall average return of 0.56%, in the long position. With regards to the short position, the package had an overall average return of 1.79%. The I Know First Algorithm accurately forecasted 6 out of 10 commodities, for the long position, and 7 out of 10 commodities, for the short position for this 14 Days forecasted period.

Nickel, as a metals commodity is traded on futures/forward contracts and the price movement is tracked on the Dow Jones-UBS Nickel Subindex (DJUBSNI).

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

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