LOTS GOING ON HERE.
It is my opinion that a Chinese Stock market crash is not out of the question.
Even before year end.
The dow alert. It is only up $50 on the year.
FINANCIAL
Stocks – call, there are many bearish items popping up daily.
Protection from China Plunge potential? The Chinese market is down big already the day after plunge?.
Bonds – There is talk of 5% mortgage. levels 136 ? give a call OLB weeks back holding.
Fang Nasdaq,Nasdog Alert. Call regarding Nasdaq Levels.
Trade the at the Extremes with stops.
Orange Juice OLB alerts live.
German stocks are struggling and could potentially be in trouble in my opinion.
Italian Rates, 3.45 fast ? Doubled fast.
Brexit Looms, much to consider, Last time the vote presented a OLB in BPU, Mute the news.
GRAINS
KC sliced under 510-512. KC under chicago. Who is stuck?
It is still my opinion that wheat could have a explosive move. but USE STOPS
Dec 507 could present the low of the recent small pull back. PATIENCE.
CORN – Back over 368 is a swing higher trade. Use Stops. I remain friendly corn
The Corn is approx 6% off the lows, Harvest is over 50% now,
I have no interest in the short side of corn.
Cotton – Popped over neckline yesterday,perhaps a rally. The Hurricane effect.
Coffee – Hit OLS at 124, looking for lower. USE STOPS
Sugar – Olive Line Alert, Stay Tuned
We are in a game on, type of atmosphere.
There will be many Olive Lines hitting as the volatility heats up.
We recommend using stops.
Expect the Unexpected.
Give me a call and let’s give you a new look. Get on my short list.
312 957 8248
The information contained on this site is the opinion of the writer and obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in current market prices.
Specializing in providing timely technical advice to the AG business community. Contact me for a free outlook in your specific product.
Alan R. Palmer
Sr. Strategist
Direct: 1 312 957 8248
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