WEDNESDAY AM RADAR — FAST EAST LOADING RADAR Scattered showers and weak storms over southern Manitoba Canada into far eastern ND, far western MN… which becomes heavier over southwest MN into far northwest IA, eastern NEB into central KS… 2ND area over central AL, northern GA into southern SC. RAINFALL LAST 24 HRS ending 0700 cdt 9 AUGUST There were …
CATTLE- LONGS GET TOASTED as warned, HOGS SELL
I COVER, SEARCH HI IMPACT CONDITIONAL SITUATIONS. TAKE THE TRADE IDEA, OR PASS as risk increases exponentially after. I strive and to put ideas in front of you, early. If your serious about playing low risk, high reward vertical moves (the best) feel free to inquire. CATTLE- As summarized yesterday in the am voice update calling for limit down, somewhat …
Livestock Report
Live Cattle The October Live Cattle contract broke down through Monday’s low on Tuesday, August 8, 2017, trading down to 110.175 and ending the session near the low at 110.40. It closed below the 110.80 support level and the next support level to challenge is the April 5th low at 108.675. Resistance is at 112.425 and 113.70. The failure to …
Not As Simple as A-B-C: September Crude Oil
Last week I wrote of an observed a-b-c correction unfolding. This turned out to be incorrect as the market has instead chopped around in sideways action to be forming what appears to be a (iv) wave triangle. If the pullback from today’s high of 49.79 is to become the final (e) in the formation it will have to hold up …
Unclear Structure: Focus September Soybeans
September Soybeans Analyzing the structural nature of the advance stemming from the lows of last week it is difficult for me to label it as impulsive. As always I will employ all technical tools to gain any insight on to which direction the contract is likely to move. In today action the market posted a high just under …
Full US Grain Weather Report August 8
For the Full US Grain Weather Report for August 8, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, August 10th. REGISTER NOW. If you cannot attend live a …
Lines, Olives; Dow, Grains, Bonds, Notes, HOGS LIVE also.
If a chart speaks 1,000 words this is a mouthful for clients that trade anything on the planet as denoted in this am’s charts. I think this is the type of ‘entertainment that is worth admission here at Walsh Trading. See am voice comment Now is the time (to get the account open if this appeals to you with these …
Tuesday AM US Grain Weather Report
AM RADAR — CLICK HERE TO SEE FAST LOADING RADAR DRY over all of Plains and Midwest with just a few weak showers over sw TX. Moderate to heavy rains / storms over se TX into northern LA, central MS, central AL, northern GA, western SC/ NC into southern VA. TUESDAY MAX TEMPS 70s eastern MT, WY, SD, ND, eastern NEB, MO, …
Monday US Grain Weather Report
MONDAY PM RADAR – FAST EAST LOADING RADAR Dry over 90% of the Midwest and central/upper Plains. Scattered showers/storms over far northern TX Panhandle into OK Panhandle. Moderate rain and storms over interior south TX into southeast TX… into northern LA /southern ARK… central and northern MS with 60% coverage. Lighter showers and weak storms cover 30% of AL, GA, …
Livestock Report
Live Cattle The October Live Cattle contract opened (113.825) lower fell on Monday August 7, 2017, and then collapsed, trading down limit and ending the session at the lows. The rejection at the 200 DMA (115.325) on Thursday fueled the breakdown and the October contract has now made a new low (111.10) for the move, trading below the July 31st …