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 …
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 …
Nat Gas, Sell Bonds, Fed goes 1/4% today
Bonds and notes ran right into these long term trendline resistance at the highs today. I suggest using these indicators and stay out of the sloppy action in between, the chop. Let’s see if bonds stop up here as inflation heats up. Nat Gas after olive sell in chart now has small olive buy. Under here look out below as …
FED hikes, Dow up $500 ? It’s show time.
Good Morning, As we approach qtr end #2 17′ we see back and forth immediate turns in grains based off my macro trend lines in the Ag’s. Algo’s play these if you look, hashed are longer term and for that type trader. Day trader’s- over line, you buy go home flat but rules here also. Long term- Buy this break …
Buy Grains sell meats ? long term.
Game on volatility picks up everything. What is your game plan? Need one? Disclaimer- While I have traded meats I am no expert and do not pay attention to fundamentals because they carry those people out now for years (inquire) but if cattle and feeders can top here they probably did yesterday I posted the 1150-am-ish voice comment citing olive …
Grains up, Meats, Coffee beware
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 …
Daily Gold Report
Gold continued its ascent Tuesday posting solid gains to end the month. Gold has finished lower for the month of May the last five years but today’s rally broke that streak showing modest gains month on month of just over $3.00. What is more impressive is that gold has rallied over $57.00 since making a monthly low of 1214.3 on May …
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 …
Weekly Gold Report
I suppose if you were to describe gold’s performance this week resilience would come to mind. Despite the fact that the S&P and Nasdaq made new all time highs this week, gold continues to benefit from fund ands speculative bidding on dips. With the continued push higher above $1260.0 an ounce this week, technicians noticed that the 50 day day moving …
Daily Gold Report
Gold prices traded slightly higher in afternoon trading despite finishing the day session lower by $2.40 to settle 1253.1 basis June futures. The FOMC minutes were released after the close and revealed no major hawkish surprises. Despite some chatter in the market about the Fed not raising rates in June, market participants seem passive as there is an assumption of a …