Several markets live today and this past week. Soybeans after very near miss of 9.07 buy support we hit 932 resist of last few bull markets hidden trendline. If you bought break new low stop under 9.05 is my take. Meal and bean oil have both hit support by ticks. This very well could be the momentum driven oilshare which …
Livestock Report
Live Cattle The August Live Cattle continued its trek higher on Monday, June 5, 2017, making a new high (127.15) for the move and testing resistance at the 127.45 level. Anticipation of higher cash prices this week is the driving force of the futures trade. Last week’s unexpected bidding war for fed cattle (prices traded from $131.00 up to $137.50 …
Livestock Report
Live Cattle The August Live Cattle opened (121.975) higher on Thursday, June 1, 2017, and proceeded to trade past resistance levels on its way to a limit up move in the futures contract. Spurred by aggressive cash bids early in the trading session, the futures market took out resistance at the 122.775 level and then the 21 DMA (123.625) fell. …
Livestock Report
Live Cattle The August Live Cattle gap opened (120.35) higher on Wednesday, May 31, 2017, reversed lower and closed the gap (yesterday’s high 120.10) trading to the low for the day at 119.875, then rallied the rest of the day. It reached the high at the end of the trading session, trading up to 121.90. The fedcattleechange auction, which is …
Windy City Jim’s – Daily Trade Recommendations (05/31/17)
Futures Day Trading Signals (Thursday June 1, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : July Wheat Previous Closing Price : 429 1/4 …
Bears slapped Grains?
Aug gold- late add so I put on this page from mid morning. I think once thie US dollar starts sloshing, like today down 3% it may unleash markets we have not seen in decades. Macro speaking bu don’t rush to sell Bonds as crosscurrents too many to list. Gold now has to get over this 1288 black …
Livestock Levels
Live Cattle The August Live Cattle tested support at the 50 DMA (118.375) on Tuesday, May 30, 2017, trading to the low for the day at 117.95. It found support here, and spent the rest of the day grinding higher, reaching its high (120.10) at the end of the trading session. This is just under resistance at the 8 DMA …
Livestock Report
Live Cattle The August Live Cattle contract opened (120.45) higher on Thursday, May 25, 2017, and then traded down to the lows for the day at 119.375. It found support here, just above the Wednesday low (118.65) and took off trading to a new high (121.50) at the end of the trading session. The rally took price to the 121.45 …
Livestock Report
Live Cattle The August Live Cattle contract opened (120.925) lower on Tuesday, May 24, 2017, and then traded down to the lows for the day at 118.65 (almost a limit down move), as expectations for a lower cash trade on the fedcattleexchange.com auction took hold and were then realized. Last week the auction saw sales between $133.75 and $135.75. This …
Cattle, Hogs Action vs, NASD today pattern Bond sell #’s
I’m just posting charts with names of markets. I cover for clients, and then some just for the sake of solving trading secrets and maybe make you, and me some money. I hope you like the research. Dow Jones futures- Many of the components of the dow futures index have hit major upside targets hit a while back in Feb, …