Commodity Prediction Based on Algo Trading: Returns up to 9.54% in 7 Days
Commodity Prediction
This Commodities Package 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
Forecast Length: 7 Days (07/21/2017 – 07/28/2017)
I Know First Average: 2.36%
The algorithm correctly predicted 7 out 10 of the suggested trades in the Commodities Package for this 7 Days forecast. Nickel was the highest-earning trade with a return of 9.54% in 7 Days. Additional high returns came from Copper and FCG, at 6.11% and 2.75% respectively. Another high yielding commodity is GDX . The commodity returned investors 2.64%. The package had an overall average return of 2.36% during the 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.