Glossary

A momentum oscillator designed by Donald Lambert that identifies cycle turns in commodities markets.

Currencies from countries that possess large quantities of natural resources, where their economies are directly correlated to the export of these natural resources — Canada, New Zealand and Australia.

Is a financial instrument issued by a company representing partial ownership of that company. The holder is given voting privileges on corporate strategy and board of directors.

Where different companies are asked to competiitively bid for a contract, especially for government or local government work.

A neutral options trading strategy similar to a Butterfly Spread, comprised of four contracts, each transacted at different strike prices with the same expiration date. 

A period of time where a security trades below Resistance or above Support.

A statistical measure of retail price changes, derived from a weighted average of prices for segments of consumer goods and services such as healthcare, transportation, and food.

The probability that an economic crisis in one market will move to another market.

Common to price charts for Futures contracts, the historical price scale is adjusted to collapse transitions from one contract to the next.

The movement of a futures contract’s price towards the underlying cash commodity’s spot price as delivery date gets closer.