Swamp cries Foul, NASD SP’s plummet 5805 dogfight live, Grains hold.

Alan PalmerGeneral Commentary

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 NASD give us another extreme sell?  I concur.  The time has arrived folks.

 

 

 

GRAINS- The olive pattern, is this a bottom?  Notice how the downward pressure seems to pause.  Use hard stops under over levels if you need a level or idea.

arp@walshtrading.com

3129578248

 

corn- lows 2.63-ish small bear targets hit and holding, selling can arise under again but Fri close we watch …….$3.66

$9.25 held this bear market in check at olive buy level.  WHEAT- I think you take a shot here $4.40

as has played last two days.  Run Sun night if.

 

g

 

 

space

 

 

 

DOW JONES- NOTICE HOW THE MARKET PLAYS TRENDLINES.  Under means time to get out of the pool, imo.

If you need a level early.

 

 

Have a nice weekend.

ARP