Psychology is in play as CEO’s of pillpushing companies like Merck speak out but how to your believe the enabler’s? That is what market is sorting out this morning. This is just heating up and is not going to subside. How we trade it is up to you, the trader. Beans Let see, coming from Chicago and the soybean …
Hanging On? Focus September Soybeans
September Soybeans Bean market clinging for life as prices hold at lower end of support zone at 930.2. Contract fights off selling and chops up to close week at 938.2 just off session’s high of 939.4. Doji candle develops in the daily price charts. Market will have to hold above 932 to fend off any more aggressive selling …
CORN, spread, CATTLE spanking Fri look
Just levels tonight. Beans held, holding orange line support, this level held two years ago bean producers. I think we trade bumper crop up here in Chicago. It’s great everywhere. I was always a pit bull until I came to my senses. Levels good for next week, watch them but do not trade off them unless you know what they …
STOCKS- NASD 5970 OLIVE Strikes Tremor ?
I have talked about a top in stocks in August for over 3 months, maybe longer on one of those throw out an idea in Jan Feb. Back then I said you were nutty to sell into all time contract highs, ever. 1st time ever’s are bullish, ask why. Especially option players. Week recap. Dow jones futures of which I …
Livestock Report
Live Cattle The October Live Cattle contract saw follow through to the down side on Thursday, August 10, 2017, as it broke through the107.60 support level and tested support at 106.00. The low for the day is 106.40 and it ended the session at 106.45. If the 106.00 support level is taken out, we could see the 104.85 level tested. …
Rejected! Focus September Soybeans
September Soybeans The September soybean contract opened in cross zone support at 966 before pressing higher to first level target resistance at 981. This area was discussed in yesterday’s post and addressed in the morning audio report. Following USDA release the contract takes it hard on the chin. Prices knife through support cross zone and flush …
USDA LIVE 11 FAST MKTS FREE CHART LEVELS NOW !
PICTURES ONLY, many of these markets have hit my levels exactly and these are big managers buying corn, stops below. big area 375-ish. stocks consec down GIVE ME A CALL NEXT WEEK. 312.957.8248. DO YOU LIKE TO SHORT STOCKS ? DOW, NASD ? I CAN HELP, GOOD LEVELS. bonds hit those 2 trend-lines tls. notice how the high frequency trading …
Stay Tuned: Pre-USDA Market Report
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Livestock Report
Live Cattle The October Live Cattle contract was slammed at the open on Wednesday, August 9, 2017, and then traded down to test support at 108.675, making the early low at 108.625. It spent the next 3 hours consolidating at the low before breaking down and nearly going down limit. The low for the day is 107.875 and the session …
Daily Gold Report
Gold hit a near two-month peak on Wednesday, after North Korea said it is considering an attack on the U.S. Pacific territory of Guam and U.S. president Donald Trump boasted of the strength of the American nuclear arsenal. The tensions rattled through global markets, sending investors out of equities and into the safety of the yen, Swiss franc, and government debt. …