TUESDAY AM RADAR – The Tuesday morning radar shows strong thunderstorms and heavy rains over the eastern portions of North Dakota into northeast South Dakota and west central Minnesota. Additional showers and storms can be found over central and southeastern Wisconsin. There are some small thunderstorms across central Ohio which extend into West Virginia. FAST EAST LOADING RADAR MONDAY MAX TEMPS …
Crude Oil: Double Three B Wave
Spending some time analyzing the current state of the unfolding wave pattern in the July Crude Oil contract leads me to believe we are witnessing a double three corrective B wave. Laying out the expected pattern points to a violation of the recent low put in on April 5th of this year at roughly 43.90. Extension levels and retracement points converge …
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 …
Overseas Grain Weather Report
For the complete Overseas Grain Weather Report, CLICK HERE. For those interested in grains, Sean Lusk, Director Walsh Commercial Hedging Services hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. If you cannot attend live, a recording will be sent to your email upon signup. REGISTER NOW. If you missed last week’s webinar you may VIEW A RECORDING.
Monday Midday US Grain Weather Report
MON MIDDAY RADAR Monday afternoon radar shows a cluster of heavy storms over southern Minnesota and some light showers over southeastern Nebraska. There are scattered areas of light to moderate rains and thunderstorms over 30% of Arkansas, Mississippi, southern Alabama… 40% of Georgia and 60% of the Florida panhandle. All other areas and the Plains, the Midwest and the Delta regions …
Monday US Weather Bulletin
WEATHER MODEL BREAKING NEWS BULLETIN JUNE 12 This statement is being sent to out to let you know of significant changes in the new European weather model. The 12Z Monday European has now completed its run and while it is similar over the next 7 days to the GFS it has a significant change in DAY 8-9-10. The new European …
Currency comment 6/12
Over the last week the U.S. dollar has declined slightly and the Euro FX has firmed. The major story in the forex markets has been the 300 point drop in the British pound over the last three sessions. The main factor in the pound weakness was the dismal performance of the Tories under PM May in the June 8 election. …
Soybeans and Meal: 5th wave Cometh
July Soybeans It appears to me that we have entered the 5th wave of an smaller degree. I have expressed this outlook several times in earlier posts. I look for the contract to unwind to new lows. Temporary support comes in at +/- 920. Target for wave extension checks in at 900 to 895. A rise above 944 negates …
Windy City Jim’s – Daily Trade Recommendations (06/12/17)
Futures Day Trading Signals (Tuesday June 13, 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 : 434 Projected …
Ag Commentary
The weather over the weekend was Hot, but not hot enough. Dry, but not dry enough. There were a few more scattered showers than anticipated. The temperature was not as stifling as anticipated and today we break. Now we will take a look at condition ratings, The corn will move backwards. The beans may not start as well as last …