Depth Gauge Levels
The Depth Gauge indicator measures risk ... specifically drawdown risk over time. Markets with drawdowns that are long in duration and big in magnitude will have lower Depth Gauge levels. Markets at the bottom of the list have been suffering through an extended periods of drawdown. While markets at the top of the list have been trading near new highs with relative small drawdowns. The questions is ... will the good times last for those at the top and pain continue for those at the bottom? A long term contrarian might very well use this list for trading ideas. To help identify markets on the move up or down the list, we have included bar chart color coding for Depth Gauge direction on a week-over-week basis. Keep in mind the lower the Depth Gauge level the more pressure or risk exposed to the market.
- Grey: Markets with a Depth Gauge that decreased in value and took on MORE risk.
- Green: Markets with a Depth Gauge that Increased in value and took on LESS risk.
Depth Gauge Level Comparison:
For even greater detail click on our WoW Depth Gauge Change chart.
[Depth Gauge Week-Over-Week Change]
Market List: Depth Gauge Analysis
| Currencies | Energies | Equities |
Interest Rates |
Grains |
Meats |
Metals |
Softs |
| Australian Dollar | Crude Oil | German DAX | Five Year Notes | Corn | Lean Hogs | Gold | Coffee |
| British Pound | RBOB Gasoline | Hang Seng | Ten Year Notes | Soybeans | Live Cattle | Copper | Cotton |
| Canadian Dollar | London Gas Oil | Paris CAC-40 | Euro Bund | Soy Meal | LME Aluminum | Lumber | |
| Euro Currency | Natural Gas | S&P 500 Index | Jap. Govt. Bond | Bean Oil | LME Copper | Sugar | |
| Dollar Index | KC Wheat | LME Lead | |||||
| Japanese Yen | Wheat | LME Zinc | |||||
THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
The subjective opinions expressed on this web site are solely those of the author and are not representative of the views of any other entity or individual. Click here to link to the full disclaimer.