For the complete Report, CLICK HERE. For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain and Livestock webinar. This webinar is hosted by Sean Lusk, Director and Ben DiCostanzo, Senior Technical Analyst with Walsh Commercial Hedging Services. Sean and Ben look at where the markets currently are and more importantly what hedgers and investors should …
US Grain Weather Issues from WxRisk.com
For the complete Report, CLICK HERE. For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain and Livestock webinar. This webinar is hosted by Sean Lusk, Director and Ben DiCostanzo, Senior Technical Analyst with Walsh Commercial Hedging Services. Sean and Ben look at where the markets currently are and more importantly what hedgers and investors should …
Grain Spreads
The final trading session of 2017 was relatively calm in the grain markets as traders evened up positions ahead of month, quarter, and year-end. We noted earlier in the week that managed money funds in the soybeans have gone from a net long to a net short in the market. The bean oil market after being long over 100 K …
Robusto: March Coffee Futures
March Coffee Futures The March coffee futures appear to poised for further gains going into the New Year. Commencing from the December 12th low of 118.30 the first leg higher appears to a leading diagonal formation which are not all that common. Further more the decline from the fall of last year hardly seems sustainable and the recent …
Long Bonds Finish Up Year Still Locked Within a Range
The Bond market has had a very quiet finish for the year. Since 2017 was generally pretty tight with annual high to low the narrowest in years it’s a fitting close. Yields are approximately 2.75 for thirties and 2.40 for tens. Will 2018 break things loose a bit is the big question. Major keys will be how economic activity reacts …
Fourth and Inches: February Live Cattle
February Live Cattle The cattle futures inched up to post a new high for week in today’s session. Topping out at 122.600 the market just failed to overlap what I am currently labeling as a 1st wave low at 122.650. The overall structure from the the early November peak appears to be missing a wave which makes me …
Metals- continue blast up, off olive buys, now diamond pattern up.
US dollar- showing its true colors folks. The FED wants inflation? It’s a coming in my opinion and the dollars that will be sloshing around may get untenable but that exciting part is in future. 92.61 is a TL and everyone is bullish. Call me 100 lower when panic and chaos algos start to develop. See prev $ chart. LUMBER …
Not So Thin Wheat: March Wheat Futures
March Wheat We are now seeing the first signs of life in the March Wheat futures in my opinion. Although labeling this recent rally as impulsive seems premature a potential base may have been established. The daily candle structure from the lows appearing to be an inverted hanging man marked the extreme at 410.5 and in today’s session …
Full South America Weather Update from WxRisk.com
For the complete Report, CLICK HERE. For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain and Livestock webinar. This webinar is hosted by Sean Lusk, Director and Ben DiCostanzo, Senior Technical Analyst with Walsh Commercial Hedging Services. Sean and Ben look at where the markets currently are and more importantly what hedgers and investors should …
Livestock Levels
Live Cattle The February Live Cattle contract opened (118.575) just below the rising trendline support (118.725) on Tuesday, December 26. The trendline held for the fourth day in a row and price rallied strongly above it, trading up limit by the end of the session. It made the high at 121.575, trading past the 119.15, 120.775 and the 121.325 resistance …