Tag Archives: Grains

A.M. Look 7/20/21

Grains came back last night. Gold is going in crypto as well as in FX terms. GoldinEuro needs to break above daily cloud resistance. Gold/YM hit daily could resistance @ its 50 DMA. On a relative basis its holding up. … Continue reading

A.M. Look 7/16/21

Spoo’s and Nasd are trading unchanged on the week. I have no interest in figuring out the Options machinations for today and how that will reflect on price in the Indices. Grains are in Play; A lot of smart people … Continue reading

Daily Market Intelligence 7/13/21

Spoo’s want to print just shy of 4400. Platinum rallied with Risk assets. Disney is putting in an ORH month. I featured it early in the room. CLF,TM & Cat were highlighted coming in. They all preformed well. Nvidia, NXPI … Continue reading

A.M. Look 7/2/21

Gold and the breakfast club (Grains) have a bid along with the Dollar. Spoo will need a close under 4286 for a high to be in place. Time frame trading and don’t fade the late flow.

A.M. look 6/18/21

Yesterday saw what happens to fundamental traders that know where the market is supposed to be. They were massively rinsed because they do not use stops. Their stop is when a PM taps them out. Soybeans and Wheat Put in … Continue reading

A.M. Look 6/17/21

Spoos held last night! Using the 50X3 for risk management. First chart is June 25X3. Sept must close above 4196 which is the continuation weekly ORL. FX; Dollar bid is bigger than I would’ve thought. Gold has completed a 50% retrace … Continue reading

A.M. Look 6/8/21

Fastly outage in Europe, which shut down several websites, provided a small break in the Indices. Follow the money; Rouble and Peso are strong and so is their country ETF’s. Gold had a small back and fill. Using 1888 for … Continue reading

Daily Market Intelligence 6/2/21

It’s summertime and we’re seeing markets slow down as investors choose outside vs. the screen. Unless I see something compelling I’ll use the short form. Things should pick up later in the week into next. Brazil and Mexico look great. … Continue reading

A.M. Look 5/18/21

Spoo’s have a double top on the 50X3. They are in a range between yesterday’s low and last nights high. There is room on the 100X3 to print the high 80’s and back off again. Grains; Corn and Wheat want … Continue reading

Daily Market Intelligence 5/10/21

Daily Market Intelligence 5:10:21