This is larger Macro big picture swing type trade levels, use stops accordingly. HOW TO READ CHARTS- Look for high or low bars to be on a level exactly. Yes these are that research specific and where computers buy or sell off of. Hogs– possible major top cited 71.44 as OLS olive sell, potent. Below levels 69.00, 66.21**. Hogs up …
Wheat, Hogs Soy- Events live. 1st time ever’s
mASSIVE sUMMER DROUGHT PLAYING OUT NOW HOGS- LIVE SALE POSTED last week in Oct. Beans- hit $9.07 and now in parabolic up move as happened across board last 18 months after these conditions post. Look at how the volume at this olive line, not only might be the biggest ever, but also after a diamond on top. 100,000 wheat biggest in ??? Pretty …
Blood in Streets- Prelude WSJ front page today
Some important levels in Charts. No burning desire in stocks, NASD is the bad boy for host of reasons, spreads? Blood in Streets-? See WSJ front page that goes with what I have said about old establishment,” they ain’t leaving and will have to be pulled out by head of hair. USA and Venezuela. Hamburg? Trump beating a CNN reporter. …
Soybeans $9.06, Grains explode higher, flipper areas Corn.
Good Morning Farmers and Traders, Dec corn 404.5 a sell level for old crop longs. Recap here- Aug Soybeans had OLB 1st time down of $9.06 so hit&filled are the olive algo’s players. Given out for a month early. The algo that hurts the most …. Its so funny how the crowd thought beans sub $9.00 and sold in …
Real Trader- Olive Line. Chart Allocation Live
ASSET ALLOCATION TAKING PLACE HEAVILY NOW commodities and stocks, nasd spreads etc. Major trades are everywhere. Long coffee and soybeans have been hit, meats also, stops under of course. This is Pro Trader talk. You want to be a Pro don’t you? Pick a number on chart if you feel lucky, or call me. Buy volatility now in AG specific …
Grains- Summer lows behind us, Wheat up $1.00
Good morning, Late chart adds. If it interests you then let me know. [email protected] Dec Coffee was a near close olive buy now up $375 * 10 cent move. Buy Inflation now. Beans and coffee have bottomed and could now provide summer play to upside, 9.06 Aug beans, Sept coffee 122, 119, 117 115 all support, hit and filled, stay …
Meats hold the OLB once more
I am doing a webinar today so please feel free to look for it if your interested in trading, speculating, pricing your meats or grains as all markets in the news will be covered. Raining on LaSalle street in Chicago and beans should be down heavy with the bear traders. What’s up? If you need to buy thousands of 5,000 …
Ag commentary
The markets settled unchanged after a two sided trade. The weather going forward is key. I am a bit surprised that most commentaries want to buy the market. Or at least not be short. The world is awash with record surplus. record surplus. And growing. The demand has been very excellent. But we continue to grow supply. The next story …
Soy- Hit and Filled, Chaos live softs
Buy out-of-favor ? That’s where the larger rewards lie. That’s why out of favor. This is the week for major turns in my opinion. Too much going on which is normal. This means when my extreme high impact levels get hit, they get hit in a few commodities at or around the same time. Long’s have just been trounced in …
Ag Commentary
The soy complex was lower today as the weather has moderated. In addition the funds have returned as heavy sellers with the continual rain. look for follow through selling to close out the week if the wet pattern holds up tonight. the leader to the downside is meal which enables the oil share to make solid gains today. The fundamentals …