A.M. Look 6/28/16

Corn…It’s all in the map. Here is the picture, 1st an ADC
2nd a daily. Note the difference in where the mvg averages come in.
Both show Corn trying to bottom with 4.01 being a key closing level.
Active Daily Continuation
Inline image 1
Daily
Inline image 2
Beans…same look as the corn. The daily charts look more constructive than the ADC.
There is a gap @ 1149.6 on the ADC.

 

​Gold...is reacting to a risk on board and correcting against the currencies​.
1308 has to hold to avoid lower retests.
Spu’s…have had a nice bounce. Price action over 2010, yesterdays opening range, is needed for a run @ the next set of buy stops over 2022.50.
Euro…111 cash (the qtrly pivot matching the 200DMA) will be a pivotal closing level.
This entry was posted in Archive and tagged , , , , . Bookmark the permalink.