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 charts) I think we are going to get very busy, which will be different if you do not have access. Disclaimer, I have been saying this for a while and yesterday was the deadest day in a while. A prelude?
WHEN YOU NEED A NUMBER, LEVEL, HIGH OR LOW IS DISPLAYED HERE TODAY, THESE MIGHT BE WHERE YOU WANT TO GET THIS MARKET DOPE. (JESSIE LIVERMORE TERM FROM 100 YEARS AGO).
Wheat hit lines at the high and low. OLB 4.56 was OLB1. This can still break, this is the algo where funds slap you guys around, water board of trading is my term.
Meal hit a very short term target #2 yesterday, beans held those xx’s and a yellow trendline, TL.
COFFEE- 147.35, WATCH THIS OVER.
AUG HOGS 83.91, current high of day, 84.31, 84.61, these are short term if looking, sells. risk stop appropriate.
Corn hit a TL 388.1/2 again, check last 3 attempts on brown line.
there are live signals everywhere here traders.
I am convinced these are the technical analysis conditions players that trade thousands unload, or load up on.
STOCKS- DOW JONES FUTURES my old pit when they first started has a 2nd red diamond and the hype seems like it is brewing. I share with clients what these mean and have discovered these thru trial and error (losing money, lots of it which presents value to you if any of these are your products. SPs have an OLS that was yesterday high, rules apply and look at where it closed. WE ARE CLOSE to something big, ain’t staying here long. Do you have a feel? I do as this is text book with these algorithms that run people over.
Notice the tiny OLS is eps or spu’s depending how many decades you have been in the professional trading business.
BONDS AND TEN YEAR NOTES HIT LINES
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