Live Cattle The December Live Cattle contract made an attempt to rally above the 120.50 resistance level at the beginning of the trading session on Tuesday, November 14, 2017. It traded up to the high of the day at 120.925 before reversing and grinding down to the low at 118.775. Buyers came back during the last 20 minutes of trading …
South America and Australia Grain Weather Issues from WxRisk.com
For the complete report, CLICK HERE. For those interested in Grains and Livestock, every Thursday, Sean Lusk, Director Walsh Commercial Hedging Services and Ben DiCostanzo, Senior Livestock Analyst host a FREE Grain & Livestock Outlook webinar. Sean and Ben will hold their next Grain & Livestock Outlook webinar on Thursday, November 16th. REGISTER NOW. If you cannot attend live, a …
Tripwire: December Live Cattle
December Live Cattle In today’s action the December live Cattle market floundered near the the lower end of the trading range of the last few sessions finishing at 120.575. The contract held up at the 119.450 speed-line support and managed to hold above the critical 119.175 level. I have been up until now calling for another …
US Energy from WxRisk.com
For the complete report, CLICK HERE. For those interested in Grains and Livestock, every Thursday, Sean Lusk, Director Walsh Commercial Hedging Services and Ben DiCostanzo, Senior Livestock Analyst host a FREE Grain & Livestock Outlook webinar. Sean and Ben will hold their next Grain & Livestock Outlook webinar on Thursday, November 16th. REGISTER NOW. If you cannot attend live, a …
US, South America and Australia Grain Weather Issues from WxRisk.com
For the complete report, CLICK HERE. For those interested in Grains and Livestock, every Thursday, Sean Lusk, Director Walsh Commercial Hedging Services and Ben DiCostanzo, Senior Livestock Analyst host a FREE Grain & Livestock Outlook webinar. Sean and Ben will hold their next Grain & Livestock Outlook webinar on Thursday, November 16th. REGISTER NOW. If you cannot attend live, a …
Beans, Wheat
I wanted to drop a few more market charts along your way. Some you may have no interest but my point is to display how I view price action a little differently than most, almost all other brokers. This olive line shows up everywhere and as I have cautioned some crude-oil option Pro traders that over that thick OLS in …
A Contrarian Thought: CBOE Volatility Index
Above is a weekly CBOE VIX (volatility) price chart. The vertical lines display time cycle studies. The index’s most recent low reading is on the extreme of the last three decades. Option premiums have been steadily depressed. Investor funds of Volatility sensitive ETF are at record levels of 2.3 billion. These instruments are designed to appreciate in a bearish …
Weekly Gold Report
Thoughts of an upside breakout in gold this week with silver in tow where dashed mid morning today. For the week the yellow metal posted slight gains of just $5.00 to finish the week at 1274.2. Silver posted a minimal gain of .04 cents to close at 16.87. While both markets finished the week higher Friday, upward momentum was slashed …
Riding the Rail: December Live Cattle
December Live Cattle The December Live Cattle market traded in an uninspiring tight range today. Prices dipped to 122.000 in early action posting a modestly new weekly low at the upper end of the targeted support level. During the rest of the session a narrowing price action developed as it rode the rising pitchfork line to finish at …
Livestock Report
Live Cattle The December Live Cattle contract broke down below the 124.70 support level on Wednesday, November 8, 2017. It traded down to the session low of 122.15, which is just below the 123.125 support level and the rising 13 DMA (122.85). It was able to bounce from here (late session rally) and it ended in between the 123.125 support …