For the complete report, CLICK HERE. Yesterday, Walsh Trading held a FREE Grain & Livestock Outlook webinar hosted by Sean Lusk, Director Walsh Commercial Hedging Services and Ben DiCostanzo, Senior Livestock Analyst. If you missed it, you may VIEW
End Of the Week Round-Up: August Live Cattle
August Live Cattle Yesterday I posted about a potentially bullish setup developing. I would have to say, as touched upon previously, that the needed confirmation is not yet in place. I’d have to see a close above the 109.00 level to attain a clearer risk control level. If the contract can’t hold above +/-106 then it will vulnerable …
Friday Focus levels- all market wrapup
Sometimes webpage displays differently so if it is hard to follow, I think it is the charts. Here are a slew of how the markets play my artwork. Watch for the next bars range and see if they are highs or lows at my lines. Look for precise hits. These are trading opportunities with small risk stops. I say if …
SOFT’s, meet Mr. Olive Buys
Sugar-Olive support holds, let’s watch this. Cocoa-Olive bottom hit and filled I have last said they all can hit at once and why you need to save margin money and not get chopped up. Play these extreme’s. cotton- Olive buy support is hit. This could be bottom, use stop under. Markets can and do change direction immediately. Isn’t that the …
Weekly Gold Report
Gold jumped to its highest in more than nine months on Friday, as the dollar retreated on political uncertainty in the United States along with a suspected Islamist attack in Spain that boosted bullion’s safe-haven appeal. However, an intraday reversal sent precious metals futures prices spiraling lower as equities recovered later in the session.This left December gold finishing down $2.40 …
Swamp cries Foul, NASD SP’s plummet 5805 dogfight live, Grains hold.
Good Morning, Well we have seen a long overdue tremor in stocks as per last weeks’ and early this weeks warning about volatility (downward vertical prices) would increase dramatically. I think this is playing out now and I hope you got a chance to hedge your stock portfolio’s. nasd must make stand 5805. Let’s sell this higher but where? Will …
Thursday US Grain Weather Update
THURSDAY AM RADAR — FAST EAST LOADING RADAR During the overnight hours heavy storms and significant rain fell over much of western, central and northeastern Minnesota …northern Wisconsin …the upper peninsula Michigan. There is a second band of moderate rain storms over southwest Illinois …southeastern Missouri …northwest Arkansas and southeastern Oklahoma. During the morning hours this activity fell apart and right …
BEANS bottom, back months OLB 9.45
Good Morning Ag folks, The way my proprietary support resistance works against the most players is displayed below. This concept is important so if you have the time I think this is worth a look when you have time. I will only have a couple longer term bean buy levels in this 9.25, on down to 8.98 Nov, but let’s …
Ag Commentary
The markets are bouncing today. It has been a fairly steady up day with beans,meal and oil all advancing. the market is digesting the recent break. Also, the thought that perhaps a bit of dry weather is in front of us. The reality to me looks as though ample moisture has fallen all over and a few areas remain dry. …
Move’em On, Head’em Up?: August Live Cattle
August Live Cattle I’m stating that this article is potentially written a day early, however, I couldn’t resits using this headline. I believe we are close to setting a (B) wave low in the live cattle market. Major underneath support comes in roughly at 106.500. Wave structure analysis also supports this view that the market is approaching a …
