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| Recent shifts in oil prices, primarily driven by geopolitical tensions, have significantly influenced market volatility. Crude oil continues to be at the forefront of commodities trading, with fluctuations impacting various economic activities. Additionally, the interest in energy stocks remains strong, suggesting potential growth alongside overall commodity performance. Overall, commodities have shown resilience, outpacing other asset classes, particularly due to gains in crude oil markets. The price action of Commodities (DBC) asset class is shaped by numerous forces, ranging from broad macroeconomic trends to asset-specific performance and market structure. The trend sentiment at -0.8 is bearish. The market sentiment at 0.6 is bullish. Trend sentiment measures the current trend of the stock price, and market sentiment reflects what market participants collectively think where the price will move next.There is no clear direction for DBC since trend sentiment and market sentiment are at the opposite directions. The positive sentiment force for sector is at 0.8, and the negative at -0.2 on 2026-11-02. The forces of Option Sentiment (1.5), Price Level Sentiment (1), and Asset Sentiment (0.6) will drive up the price. The forces of and Asset Price Trend (-0.8) will drive down the price. The sentiment for Asset Price Trend is calculated based on DBC trend. The sentiment for Option Speculation is calculated from put/call ratio. Price Level sentiment is positive when oversold, and negative when overbought. Asset Sentiment scores are extracted from headlines and market commentary. All sentiment scores are normalized on a -10 - +10 scale. The price level reaches 100 at Bollinger upper band, and zero at lower band. |
| DBC | ||||||||||||||||
| Date | Attention | Price | StdDev | Price Level | RSI | Hourly RSI | Change | 10 Day Trend | Trend Sentiment | Hourly Trend Sentiment | Hourly StdDev | Market Sentiment | Action | P | Asset Sentiment | News Sentiment |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-11-02 | 0%(0%) | 32.44 | 1.39% | -4 | 35 | 11 | -3.52% | -0.3% | -0.8 | -0.6 | 1.7% | 0.6 | Wait | 50% | 0.6 | 6.7 |
| 2026-11-01 | 0%(0%) | 0.2 | -0.1 | -0.5 | -5 | |||||||||||
| 2026-10-31 | 0%(0%) | 0.2 | -0.2 | -0.8 | 0 | |||||||||||
| 2026-10-30 | 0%(0%) | 33.62 | 1.34% | 62 | 56 | 57 | -0.3% | 0% | 0.2 | -0.3 | 0.5% | 0.4 | Short | 55% | -0.4 | 4 |
| 2026-10-29 | 0%(0%) | 33.72 | 1.42% | 72 | 64 | 44 | -0.25% | 0% | 0 | 0.3 | 0.6% | 0.3 | Long | 55% | -0.4 | 0 |
| 2026-10-28 | 0%(0%) | 33.81 | 1.45% | 76 | 66 | 59 | 0.64% | 0.3% | 0.8 | 0 | 0.4% | 0.4 | Long | 55% | -0.3 | 4 |
| 2026-10-27 | 0%(0%) | 33.59 | 1.52% | 69 | 68 | 46 | -0.56% | 0% | 0.3 | 0 | 0.5% | 0.5 | Long | 55% | -0.1 | 6.3 |
| 2026-10-26 | 0%(0%) | 33.78 | 1.69% | 80 | 70 | 46 | -0.97% | 0% | 0 | 0.3 | 0.5% | 0.2 | Long | 55% | -0.3 | -3 |
| 2026-10-25 | 0%(0%) | 1.1 | 0.4 | 1 | 0 | |||||||||||
| 2026-10-24 | 0%(0%) | 1.1 | 0.4 | 1 | 8 | |||||||||||
| Wait is the preferred trading strategy with 50% chance of being right. Wait action is recommended in three scenarios with either high uncertainty or high risk: 1. The trend sentiment and market sentiment are at the opposite directions. 2. Both trend sentiment and market sentiment are positive, but the price level is elevated. 3. Both trend sentiment and market sentiment are negative, but the price level is depressed. In an uptrend, as an investor, you may want to wait for the pullback to open long position. In a downtrend, the price will likely rebound after huge decline. As an investor, you may want to wait for the rebound to exit long position. | ||||||||||||||||
| Market sentiment will accelerate the current trend when both trend sentiment and market sentiment are at the same direction. Market sentiment will generate volatility when it's at the opposite direction of the trend sentiment. News sentiment measures the daily emotion of the market. News sentiment may impact the daily price change while market sentiment is a more stable and consistent moving force. | ||||||||||||||||
| Market News | ||
| 1 (8) Homebuilders, Miners and Regional Banks Soar as Oil Drops 8%: Has the Hormuz Peace Trade Begun? Homebuilders, gold miners and regional banks rallied as Iran floated a two-day plan to reopen Hormuz, sending oil down nearly 8% and yields lower. (https://www.benzinga.com/) Mon. Nov 2, 2026 | ||
| 2 (5) US Natural Gas Rises on Lower Appalachian Output, Cooler Weather US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly cooler, indicating higher demand for the furnace and power-plant fuel as the winter heating season gets underway. (https://www.bloomberg.com/) Mon. Nov 2, 2026 | ||
| 3 (7) Silver Just Did Something Unseen Since 2020: ‘One of the Best Buying Opportunities,’ Analyst Says Silver trades 29% below its 200-day moving average, the widest gap since March 2020. Tavi Costa sees a buying window as BofA eyes $75 for SLV holders. (https://www.benzinga.com/) Mon. Nov 2, 2026 | ||
| 4 (-5) OPEC, Allies Keep Output Steady While Gulf Shipping Remains Under Threat The group’s crude production levels are still below prewar levels, with key shipping routes disrupted. (https://www.wsj.com/) Sun. Nov 1, 2026 | ||
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