Back and Forth on Trade Continues
Wheat (ZW) rebounded almost 3% yesterday, bouncing off just above an uptrend support line (on the 4hr and daily chart). Significantly, ZW's green weekly Hammer completes last week's reversal of...
STILL SELLING AFTER ALL THESE YEARS
earlier today I suggested...
Trading the indices can a gift and a curse.
Sold gains recently suggest near-term market bottom is in place. But bulls have some more work to do to negate price downtrend and to suggest a price uptrend can be sustained.
How far can grains rally?
Soybean Planting Pace Well Above Average
Arabica Coffee (KC) bounced almost 2% yesterday, reinforcing a higher low (last week) versus April's low. Although KC is firmly still within a descending wedge/downchannel (on the weekly chart), it...
Nov 18/Nov 19 spread featured
HOW LOW...CAN YOU go.
Spec Buying vs. Hedge Selling
Finally May Have Bottomed
What had me nervous was...
Rain Makes Grain If It Got Planted
From Haunted By Markets, January 10,2000
Bulls have firm overall near-term advantage as price uptrend in place. Push to new for-the-move high would suggest mush more upside price potential.
More Exports to China?