PICTURES ONLY, many of these markets have hit my levels exactly and these are big managers buying corn, stops below. big area 375-ish. stocks consec down GIVE ME A CALL NEXT WEEK. 312.957.8248. DO YOU LIKE TO SHORT STOCKS ? DOW, NASD ? I CAN HELP, GOOD LEVELS. bonds hit those 2 trend-lines tls. notice how the high frequency trading …
Stay Tuned: Pre-USDA Market Report
Please join my colleague this morning for a pre-USDA market report. Don’t miss out on the insightful research we consistently put out at Walsh Trading. With over 150 years of trading experience we can aid you in capitalizing on our expertise.
Livestock Report
Live Cattle The October Live Cattle contract was slammed at the open on Wednesday, August 9, 2017, and then traded down to test support at 108.675, making the early low at 108.625. It spent the next 3 hours consolidating at the low before breaking down and nearly going down limit. The low for the day is 107.875 and the session …
Daily Gold Report
Gold hit a near two-month peak on Wednesday, after North Korea said it is considering an attack on the U.S. Pacific territory of Guam and U.S. president Donald Trump boasted of the strength of the American nuclear arsenal. The tensions rattled through global markets, sending investors out of equities and into the safety of the yen, Swiss franc, and government debt. …
Ag Commentary
There is not much to say going home tonight. The market was essentially either side of unchanged all day. the USDA will release its report on Thursday. This will drive direction in my opinion. There is question regarding production and demand and what the government will do. The weather also remains debatable. The Midwest has received ample rains hence the …
Triangulating: September Crude Oil
September Crude Oil The oil contract has not of yet broken out of what I am labeling a (iv) wave triangle formation. The trigger points on the upside are the 49.83 potential (d) wave high. A violation here should bring in a wave of upside action targeting intermediate resistance zone of roughly 51. Overhead surge level comes in …
Stable?: Focus September Soybeans
September Soybeans In today’s action the market failed to hold above the 971 level and instead slipped to test lower speed-line support just under 961 posting a low at 960.2 before rising to settle at 966. Tomorrow beans will have to again deal with the 971-973 level before it gains any footing. If so they’ll attempt to challenge …
Wednesday AM US Grain Weather Report
WEDNESDAY AM RADAR — FAST EAST LOADING RADAR Scattered showers and weak storms over southern Manitoba Canada into far eastern ND, far western MN… which becomes heavier over southwest MN into far northwest IA, eastern NEB into central KS… 2ND area over central AL, northern GA into southern SC. RAINFALL LAST 24 HRS ending 0700 cdt 9 AUGUST There were …
CATTLE- LONGS GET TOASTED as warned, HOGS SELL
I COVER, SEARCH HI IMPACT CONDITIONAL SITUATIONS. TAKE THE TRADE IDEA, OR PASS as risk increases exponentially after. I strive and to put ideas in front of you, early. If your serious about playing low risk, high reward vertical moves (the best) feel free to inquire. CATTLE- As summarized yesterday in the am voice update calling for limit down, somewhat …
Livestock Report
Live Cattle The October Live Cattle contract broke down through Monday’s low on Tuesday, August 8, 2017, trading down to 110.175 and ending the session near the low at 110.40. It closed below the 110.80 support level and the next support level to challenge is the April 5th low at 108.675. Resistance is at 112.425 and 113.70. The failure to …