August Live Cattle It appears that we are in the late stages of an a-b-c non-impulsive correction commencing from the highs at roughly 128. Any choppy advance will target +/- 110.500 at the (iv) wave retracement measurement level. I’m expecting a price rejection off this level and for a terminating (v) wave decline to unfold. Price target zone …
B wave correction? Focus September Soybeans
September Soybeans The bean market started the week off in the red. Market posted low at 925 in front of intermediate support at +/- 920 and pressed off extreme to finish at 932.6. If the market can rise and hold above 935.4 it should establish its footing. One could argue that the recent lows marked the termination of …
Grains, Hogs, Cattle, Soft technical update’s, Stocks
Stars say-Mercury begins its retrograde motion Saturday evening encouraging us to review and rethink our plans. Use this three-week period to assess what’s working and what’s not and adjust our game plan accordingly. Be vigilant and aware that messages may be garbled and breakdowns could occur, so take extra care operating machinery and in all communications. ——————————————————– This was always …
Grains, Meats, Social Mood, Swamp event?
Psychology is in play as CEO’s of pillpushing companies like Merck speak out but how to your believe the enabler’s? That is what market is sorting out this morning. This is just heating up and is not going to subside. How we trade it is up to you, the trader. Beans Let see, coming from Chicago and the soybean …
Monday Mid Morning US Grain Weather Update
MONDAY AM RADAR — FAST EAST LOADING RADAR Moderate rain/storms over eastern IA into western WI … heavy storms / rain over eastern OK into far ne corner of TX … across southern ARK into northern MS … into far sw ARK and central TN… showers over eastern KY into WVA. RAINFALL LAST 24 HRS ending 0700 cdt 14 AUGUST 0.50-2.0″/ …
Late Sunday / Early Monday US Grain Weather Report
For the complete report, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, August 17th. REGISTER NOW. If you cannot attend live a recording will be sent to your email …
Sunday Afternoon US Grain Weather Report
PM RADAR — CLICK HERE TO SEE FAST LOADING RADAR The Sunday PM radar shows showers & storms over much of central & west central MN … some showers and storms over southern TN … southern MS & northeastern ARK. The coverage in both areas is about 40- 50%. There are some additional widely scattered storms over northeast TX and a few weak …
Friday AM AND Final US Grain Weather Report
For the Final Friday US Grain Weather Report, CLICK HERE. FRIDAY AM RADAR — FAST EAST LOADING RADAR Storms south central OK, eastern OK into far southwest MO… and a smaller cluster of storms over east central MO (in and around STL). Moderate showers over central ILL. RAINFALL LAST 24 HRS ending 0700 cdt 10 AUGUST Significant rains over the north TX …
Weekly Gold Report
Gold prices climbed to two-month highs on Friday as investors sought refuge from escalating tensions between North Korea and the United States, while bullion also received support from weak U.S. inflation data. U.S. President Donald Trump issued a new threat to North Korea, saying American weapons were “locked and loaded” as Pyongyang accused him of driving the Korean Peninsula to the …
Hanging On? Focus September Soybeans
September Soybeans Bean market clinging for life as prices hold at lower end of support zone at 930.2. Contract fights off selling and chops up to close week at 938.2 just off session’s high of 939.4. Doji candle develops in the daily price charts. Market will have to hold above 932 to fend off any more aggressive selling …